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Listed by Alina Siert • KW Advisors, DRE#01893238
$ 2,695,000
Est. payment | /mo
5,998 SqFt
$ 2,695,000
Est. payment | /mo
5,998 SqFt
Open House
Wed Oct 14, 2:00pm - 4:00pm
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,998 sqft
Price per Sqft $449
MLS Listing ID ML82063903
Year Built 1922
Lot Size 2,178 Sqft
Property Sub-Type Five or More Units
Property Description
12 studio apartments in a four-story building in the Tenderloin, built in 1922, in about 5,998 SF on a 1,980 SF lot. About 80% of units have been renovated, with wood floors and updated finishes throughout, and every studio has its own kitchen and bath. Gas and electric are separately metered. Market rents run about 40% above in-place rents. A block from Polk Street's restaurants and shops and a short walk to Union Square, Civic Center and Van Ness, with BART and Muni close by. 5.20% current cap; 6.59% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County San Francisco
Area 8 - Tenderloin
Zoning RC4
Interior
Heating Other
Cooling Other
Exterior
Parking Features Other
Utilities Available Other
Roof Type Other
Building
Foundation Other
Sewer Other
Water Other
Others
Restrictions Other
Tax ID 0321-006
Security Features Other
Special Listing Condition Not Applicable
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