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Listed by Louis Cornejo Urban Group Real Estate
$ 950,000
Est. payment | /mo
16 Beds
10,144 SqFt
$ 950,000
Est. payment | /mo
16 Beds
10,144 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,144 sqft
Price per Sqft $93
MLS Listing ID 425038838
Bedrooms 16
HOA Y/N No
Year Built 1908
Lot Size 4,281 Sqft
Acres 0.0983
Property Sub-Type Multi Family
Property Description
Well-located 16-unit multifamily building in San Francisco's Nob Hill district. The property consists of sixteen one-bedroom, one-bathroom units, several of which offer Downtown city views and retain original period detailing. Each unit is separately metered for gas and electricity. Recent upgrades include a completed soft-story seismic retrofit (2017) and compliance with the Sleep Alarm Ordinance (final sign-off pending). The building is in fair condition and presents an opportunity for renovation and income growth. Current rents are significantly below market, with an estimated 224% rental upside achievable through unit turnover. Excellent location near public transit, employment centers, and neighborhood amenities.
Location
State CA
County San Francisco
Area Sf District 8
Zoning RM-3
Interior
Flooring Carpet, Wood
Fireplace No
Appliance Free-Standing Refrigerator, Gas Water Heater
Exterior
View City Lights, Downtown
Building
Lot Description Shape Regular
Story 4
Foundation See Remarks
Level or Stories Four
New Construction No
Others
Tax ID 0182008
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