United StatesCaliforniaSan FranciscoMid MarketDistinctive 34-Unit Building South of Market!

Distinctive 34-Unit Building South of Market! 64-68 6th Street San Francisco, California 94103 United States

$3,590,000
 Get directions
 
Opportunity knocks! PRICE DROP! Distinctive 34-unit with full basement building with pride of ownership and great tenant profile. This mixed-use south of Market property combines opportunity and upside. Commercial units NOW FULLY LEASED! An...
Malin P. Kansal
  • Lic.# 01916482
360 Primrose Rd.
Burlingame, California 94010 United States
$3,590,000
Change Currency
33
Bedrooms
11
Full Baths
8,712 Sq Ft.
Interior
.06 Acres
Exterior
other residential home
Property type
1910
Year Built
GYQ52K
Web Id
424006975
MLS ID
San Francisco Unified
School District
298
days ago

About 64-68 6th Street

Opportunity knocks! PRICE DROP! Distinctive 34-unit with full basement building with pride of ownership and great tenant profile. This mixed-use south of Market property combines opportunity and upside. Commercial units NOW FULLY LEASED! An attractive option for investors looking for a balanced steady income producing asset. 32 Residential dorm-style single room occupancy (SRO) units. Most rooms upgraded with 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 to Thrasher Skateboard Company, $200,000 in upgrades; commercial unit (#68) leased to corner grocery store business, $400,000 in upgrades including ADA compliant bathroom. Full basement (vacant) with usage to be determined. 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.

features

Style
Traditional

Property Feature

Age
Over 50 Years Old
Distinctive 34-Unit Building South of Market!, San Francisco, California 94103 United States is a other residential home for Sale for $3,590,000 USD. Was built in 1910, has 8,712 Sq.Ft. on a lot of .06 Acres and it's composed from 33 Bedrooms, 11 full baths

 

Malin P. Kansal
  • Lic.# 01916482
360 Primrose Rd.
Burlingame, California 94010 United States
Contact Agent