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$ 2,998,000
Est. payment /mo
Active
674 Haight Street San Francisco, CA 94117
5,950 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,950 sqft
Price per Sqft $503
MLS Listing ID ML82048118
HOA Y/N No
Year Built 1890
Lot Size 2,750 Sqft
Property Sub-Type Other
Property Description
Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space. The property features spacious residential units averaging approximately $4,922 in current rents, with upside to market levels of approximately $5,620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2,998,000 ($599,600 per unit), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city's most desirable rental corridors.
Location
State CA
County San Francisco
Zoning NC1
Interior
Heating Electric
Cooling None
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 0847018
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Listed by Eymon Binesh • Marcus & Millichap