1375 Sacramento ST Open House

San Francisco,CA 94109

$ 3298000

11 Beds

0 Bath

5194 SqFt


OPEN HOUSE

Tue Jun 03, 9:00am - 11:00am 

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,194 sqft

Price per Sqft $634

MLS Listing ID 425043560

Bedrooms 11

HOA Y/N No

Year Built 1922

Lot Size 1,920 Sqft

Acres 0.0441

Property Sub-Type Multi Family

Property Description

1375 Sacramento Street is an exceptional mutli-family investment opportunity that has been cared for well beyond the common standard. Units are renovated and systems are newer. It should be as close as a 101 year old building can get to turnkey ownership. Efforts have been made to make the units green/eliminate fossil fuel consumption including the installation of heat pumps in three units and NVEM 2 application in process for the new owners to take over. There is potential to add an 8th unit. Previously approved plans are available to the new buyers (permit now expired). Architectural features of the Edwardian style remain intact throughout the interior and on the exterior faade, which will attract tenants looking for San Francisco charm. Additional charm is provided by the alley garden that lines the west side of the building providing lush outlooks from the lobby and units as well as welcome relief from the City when coming and going. Financially the building is equally a great proposition with a current actual cap rate of 4.27% and GRM of 13.87. Tenant profiles are excellent with only one protected long-term tenant. Only one unit and the parking space are vacant, making this a great opportunity for an owner user to preserve a pied terre or maximize income.

Location

State CA

County San Francisco

Area Sf District 8

Interior

Heating Electric,Heat Pump

Cooling Heat Pump

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

View Bay,Bridge(s),City,City Lights,Golden Gate Bridge

Total Parking Spaces 1

Building

Lot Description None

Story 4

Level or Stories Four

New Construction No

Others

Tax ID 0247025

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