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$ 2,575,000
Est. payment /mo
Active
677 Ellis Street San Francisco, CA 94109
7,047 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,047 sqft
Price per Sqft $365
MLS Listing ID ML82049753
HOA Y/N No
Year Built 1908
Lot Size 2,284 Sqft
Property Sub-Type Other
Property Description
677 Ellis Street presents a rare opportunity to acquire a fully renovated, turnkey 14-unit apartment building in the heart of San Francisco. Comprised of fourteen studio residences, the property offers investors an attractive 6.50% current CAP rate with stable in-place income and minimal deferred maintenance. Recent capital improvements include brand-new electrical throughout the building, while the units have been extensively renovated with high-end designer finishes, creating a modern living experience that appeals to today's urban renter. This is an ideal opportunity to own a quality, low-maintenance asset in one of San Francisco's most supply-constrained rental markets.
Location
State CA
County San Francisco
Zoning RC4
Interior
Heating Natural Gas
Cooling None
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 0335018
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Listed by Eymon Binesh • Marcus & Millichap