$3,590,000

Distinctive 34 Unit Mixed Use Building South Of Market!

  • 33 Beds
  • 11 Baths
  • 8,712 Sqft
  • 2,614 Sqft lot
  • 1
    Views for last 30 days
  • 14
  • MLS#SF426144902

About the Property

Opportunity Knocks! Distinctive Thirty-four unit with full basement, building with pride of ownership and great tenant profile. This mixed-use South of Market property combines opportunity + upside. Seller Rate Buy Down Available. Two Commercial Units. An attractive option for investors looking for a balanced steady income producing asset. Thirty-two Residential Dorm-Style Single Room Occupancy (S
Opportunity Knocks! Distinctive Thirty-four unit with full basement, building with pride of ownership and great tenant profile. This mixed-use South of Market property combines opportunity + upside. Seller Rate Buy Down Available. Two Commercial Units. An attractive option for investors looking for a balanced steady income producing asset. Thirty-two Residential Dorm-Style Single Room Occupancy (SRO) Units. Most rooms upgraded w/tons of opportunity for additional upgrades. Three floors of units - each floor is complete with shared bathroom and showers. Two commercial units: Commercial Unit (#66) Leased $200k in Upgrades. Commercial Unit (#68) Leased to corner grocery store business, $400k in Upgrades including ADA Compliant Bathroom. Full Basement (Vacant) with usage TBD. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must-see. Don’t miss this opportunity! CAP Rate NOW 4.72% and GRM NOW 14.20 ; Pro Forma CAP Rate 8.51 and GRM 9.27 Dynamic SoMa Location on 6th! Corner building near downtown. Shopping, BART, MUNI, Cafes, Restaurants, Night Spots, Social Services all here. Immersed in many NEW buildings and neighborhood features. Opportunity to create a trophy building.
  • Property type

    Other

  • Year built

    1910

  • Price/sqft

    $412

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64 6th Street , San Francisco, CA 94103, California, United States View on Google Maps
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Malin Kansal Group

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Malin Kansal Group
California, United States
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2
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2025
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Golden Gate Sotheby's International Realty
Golden Gate Sotheby's International Realty
360 Primrose Rd., 94010, Burlingame, California, United States
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Last updated
July 9
First listed
Feb 9, 2024
Listing reference
GYQ52K
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