Just Sold

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Created date: July 25, 2023
Date last updated: October 5, 2023

Well maintained 32 unit mixed-use corner apartment building located in the Van Ness/Civic Center. Unit mix consists of 26 studios, 5-one bedroom/1 bath and 1 commercial measuring approx. 2,800 sq ft (not including 1,900 basement area).
Bldg adjacent to the new Van Ness Bus Rapid Transit corridor between Mission & Lombard St. Excellent opportunity to purchase a centrally located, mixed-use apartment building (10 residential units and 1 commercial delivered vacant).

Key Property Information

Listing Status: Sold
Multifamily type: Mid-Rise
Price: $4,600,000
No. of Units: 32
Cap Rate: 7.81%
GRM /GIM: 8.97
Year Built: 1925
Building Size: 23,520 Sq ft
Lot Size: 4,386.00 Acres
No. of Stories: 6
APN: 0743-002
Zoning Code: RC4
Buy Side Fee: 2.00%
Opportunity Zone: No
Price per unit: $143,750

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent

FINANCIAL DETAILS

Income/expense info: Actual

Additional contacts

Full name Phone number Email address
Brad Lagomarsino 4152887847 [email protected]

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