768 9th Avenue , San Francisco , CA 94118; Multifamily Properties For Sale; A-5 in San Francisco County

768 9th Avenue , San Francisco , CA 94118; Multifamily Properties For Sale; A-5 in San Francisco County


768 9th Avenue , San Francisco , CA 94118; Multifamily Properties For Sale; A-5 in San Francisco County

8

8a

 

Property Details
Price
$4,900,000
No. Units
10
Building Size
11,400 SF
Lot Size
9,000 SF
Price/Unit
$490,000 /Unit
Property Type
Multifamily
Property Sub-type
Garden/Low-Rise
Property Use Type
Investment
Commission Split
2%
Cap Rate
5.30%
Gross Rent Multiplier
13.90
Occupancy
100%
Tax ID/APN
1651-043
Status
Active

 

Property Description

One of a kind Townhome style 10-unit building , 1/2 block from Golden Gate Park, Steinhart Aquarium, California Academy of Sciences. All units have separate entrances. All units are very large 2 & 3 bedroom units with very high ceilings and hardwood floors. All rents are well below market and there are no protected tenants. There is a driveway to side of building that is gated off right now and used for gardening by tenants, but 6 parking spaces could be added there. Great potential for roof deck. 3 units coming vacant in January 2014.

Location Description

Prime inner Richmond location. Minutes to downtown on Fulton Ave or Geary bus lines. 1/2 block to Golden Gate Park.