Sold Lots & Acreage (from 01/01/2013) – San Francisco – 94133- 16/77

1 Pelton Pl San Francisco 94133 Financial District/B

Lots & Acreage LD: 10/19/12
OMD: 10/19/12 D/S: 8/B
Cross Street: Map: CT40
Block/Lot/APN: 0161011 Zoning: Crnc
~Lot Acres: 0.0672
$/Acre: 1,785,714.29
Pending Date: 04/15/13
Sold Date: 05/02/13
Sold Price: 120,000

Local Map

Marketing Remarks: Rarely available in the heart of SF China Town. Heavy foot traffic surrounded by restaurants, shops & all kinds of retails. The property is vacant lot of approx 2,927 sq ft is currently a rented as a parking lot for $1,100 per month with space for 8-10 cars. Cap Rate is about 9%. Developing potential may be limited. It is a key lot with an easement right may be created. Adjacent property 3-7 Stark is a mixed-use occupied by 2 sewing factories at the ground level & multiple residential tenants above. The building has approx. 5,700 sq ft of space and a full basement with the Listing price of $860,000(listing #402303). Seller prefers to sell both properties together at the listing price of $980,000.