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Listed by Jennifer Rosdail KW Advisors
$3,298,000
Est. payment /mo
11 Beds
5,194 SqFt
OPEN HOUSE
Tue Jun 03, 9:00am - 11:00am
UPDATED:
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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