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1205 10th Avenue

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Address: 1205 10th Ave, San Francisco, CA 94122, USA

California & West + Apartment Buildings

Created date: September 24, 2024

Date last updated: September 24, 2024

Property Description

1205 10th Avenue is an excellent investment opportunity in the Inner Sunset. Located one block from Golden Gate Park and the bustling Irving Street Corridor with shops and restaurants on 9th Avenue, this property has much to offer. Upon arrival tenants are greeted by a charming common area with high ceilings and wood paneling. Most of the units feature hardwood floors, decorative fireplaces, and built-in cabinetry. The property has been well-maintained and professionally managed. The soft-story seismic retrofit was completed in 2018 and the building is in compliance with the sleep alarm ordinance. There are several large storage rooms as well as bike storage at the basement level. The apartments are separately metered for gas and electricity, and heat is supplied via electric wall heaters. This property is priced to sell at a 10.4 GRM and 6.0% Cap Rate. Walk Score of 99: Daily Errands to Not Require a Car. Transportation Score of 100: MUNI access within a block: N Judah, 6 Haight-Parnassus, 49 Van Ness Mission and More Bike Score: 99

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Property Types:	Apartment Buildings
Price:	$2,450,000
No. of Units:	10
Cap Rate:	6.3%
GRM /GIM:	10.3
Building Size:	3,249 Sq ft
Opportunity Zone:	No
Price per unit:	$245,000