Under Contract
Property Description
4,390 square foot multi-family property on a 1,873 sq ft lot in the dynamic and vibrant SOMA neighborhood of San Francisco. Unit mix is 3- four bedroom/one bath apartments. Ideal opportunity for an investor or owner/user looking for an affordable acquisition based on per Sq ft basis with substantial income upside and tremendous development potential based on RED zoning per SF Planning Code and eligibility for local and CA State bonuses.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Price: | $1,600,000 |
| No. of Units: | 3 |
| Cap Rate: | 5.72% |
| GRM /GIM: | 12.19 |
| Year Built: | 1907 |
| Building Size: | 4,390 Sq ft |
| Lot Size: | 1,873.00 Acres |
| No. of Stories: | 3 |
| APN: | 727-027 |
| Zoning Code: | RED |
| Buy Side Fee: | 3.00% |
| Opportunity Zone: | No |
| Price per unit: | $533,333 |
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 |
|---|---|---|
| Dustin Dolby | 4152887869 | [email protected] |
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