Source:
San Francisco Association of REALTORS MLS
MLS#426163564
À propos de la propriété
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TRANSCEND SoMa is an offering of 20 stunning multi-level live/work loft townhouses and 20 gated parking spaces with a recorded subdivision map, 20 separate APNs, and a draft public report. Currently operated and offered as an apartment building grossing $860,000+/- annually, the property comprises 23,555 net livable square feet and offers significant rental upside and the potential for selective d
TRANSCEND SoMa is an offering of 20 stunning multi-level live/work loft townhouses and 20 gated parking spaces with a recorded subdivision map, 20 separate APNs, and a draft public report. Currently operated and offered as an apartment building grossing $860,000+/- annually, the property comprises 23,555 net livable square feet and offers significant rental upside and the potential for selective disposition of individual units. No rent control and no BMR component upon individual unit sales (buyer to verify). Located on a quiet, tree-lined alley half a block from 5M Park and luxury high-rise The George, the property is also a short walk to AI Alley and will benefit from the soon-to-be-leased office component of the 5M project at 415 Natoma. Savvy investors can acquire a portfolio of wholesale condos with significant revenue to support strategic repositioning as the market rises. Built in 2000, each unit has two entrances, soaring 18’ ceilings, in-unit laundry, fireplaces, and a gated parking spot. The common roof deck enjoys views of Salesforce Tower and the San Francisco skyline. Offered as a building only. Individual condos may only be sold subject to issuance of a final public report, tenants’ rights, and other conditions. Buyer to investigate to its complete satisfaction.