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Listed by Starboard Commercial
$ 1,950,000
Est. payment /mo
New
3470 25Th St San Francisco, CA 94110
3,928 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $496
Subdivision Mission
MLS Listing ID 41146945
HOA Y/N No
Year Built 1925
Lot Size 3,449 Sqft
Property Sub-Type Apt Complex
Source BAY EAST
Property Description
Rare six-unit multifamily building on a prominent corner in the heart of the Mission District. The +/-3,928 SF property is comprised of four studios and two one-bedroom, one-bath units, each featuring hardwood floors, high ceilings, walk-in closets, French doors and original period millwork. Three garages provide off-street parking for four vehicles — an uncommon amenity in this neighborhood — along with an on-site laundry room, private outdoor space and a mature landscaped garden. Currently producing $164,484 in annual gross income at a 5.4% cap rate, with long-term income growth potential as units turn to market over time. Located one block from the 24th Street corridor and its restaurants, cafes, bakeries and local grocers; steps to the Balmy Alley murals and Garfield Square Park; and a short walk to 24th St Mission BART and multiple Muni lines. A well-located, amenity-rich asset in one of San Francisco's most supply-constrained rental submarkets.
Location
State CA
County San Francisco
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Linoleum, Tile
Fireplace No
Building
Lot Description Corner Lot, Level
Water Public