JUST SOLD
Situated at 112 Parnassus Avenue, this charming 6-unit, 1920s apartment building sits between Shrader Street and Cole Street nestled in the heart of San Francisco’s Cole Valley/Parnassus Heights. Neighboring the peaceful expanse of Golden Gate Park, the tree-lined streets harmonize with the timeless Victorian homes. Adding to its appeal, the lively business district along Cole and Irving Streets boasts an array of inviting eateries, cafes, boutique grocers, and local shops, catering to everyday essentials. With easy access to UCSF Medical Center, Haight Street, and the iconic Golden Gate Park, Cole Valley stands as a much-desired enclave in the San Francisco landscape.
For city commuters, transportation is a breeze. Just a block away on Carl Street, the N Judah Muni line awaits, complemented by several bus routes like the 6 Parnassus, 43 Masonic, and 37 Corbett lines, ensuring seamless connectivity.
112 Parnassus features one (1) studio and five (5) one bedroom / one bath apartments. Inside, the units exude comfort with hardwood floors, large Bay windows, and walk-in closets. The property also offers practicality with a garage accommodating up to seven (7) parking spaces. A recent rejuvenation in 2024 brought a fresh surface to the garage, enhancing its appeal.
Property Description
Presenting a grounded opportunity, 112 Parnassus Avenue invites investors to secure a foothold in a coveted locale. Whether you are envisioning an owner-occupant role or holding for long-term rental income and development conversion potential, this property offers a realm of possibilities worth exploring.
Key Property Information
| Listing Status: | Sold |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| No. of Units: | 6 |
| Cap Rate: | 5.18% |
| GRM /GIM: | 11.44 |
| Year Built: | 1924 |
| Building Size: | 6,600 Sq ft |
| Lot Size: | 4,164.00 Sq ft |
| APN: | 1272-006 |
| Zoning Code: | RH-3 |
| Opportunity Zone: | No |
| Price per unit: | $388,333 |
| Parking Spaces: | 7 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Dustin Dolby | 4152887869 | [email protected] |
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