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$ 5,875,000
Est. payment /mo
Active
425 Hyde Street San Francisco, CA 94109
18,750 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,750 sqft
Price per Sqft $313
MLS Listing ID ML82049751
HOA Y/N No
Year Built 1923
Lot Size 6,875 Sqft
Property Sub-Type Other
Property Description
425 Hyde Street is a classic 25-unit San Francisco apartment building showcasing beautiful bay windows and timeless period charm. Offered at an attractive 6.9% current CAP rate, the property provides substantial upside through below-market rents, strategic unit improvements, and operational enhancements. Recent capital improvements include brand-new electrical infrastructure, complemented by 11 on-site garage parking spaces and individually metered utilities, providing investors with a well-maintained asset and reduced future capital expenditure needs. The property also offers the potential to reconfigure select one-bedroom units into larger two-bedroom layouts, creating meaningful long-term value. 425 Hyde Street offers investors the rare opportunity to acquire a classic San Francisco asset with strong in-place cash flow, significant value-add potential, and long-term appreciation in one of the city's most enduring rental markets.
Location
State CA
County San Francisco
Zoning RC4
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Handicap Access Accessible Elevator Installed
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 0321007
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Listed by Eymon Binesh • Marcus & Millichap