Property Description

Eight one bedroom units with 8 car parking. Banked rent increases estimated to be $11,232 per year which would bring down the GRM to 13.53 and increase the Cap rate to 4.95. 1963 constructed low maintenance building. Lots of upside in the rents in addition to the estimated banked rents. One unit and one parking space will be vacant at the end of November.

Location Description

Hot Hayes Valley location conveniently located to Haight Street retail, Civic Center, and freeway access. Great rental location.