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Jeffrey Bullock
[email protected]$ 2,575,000
Est. payment /mo
Open 6/16 9AM-11AM
677 Ellis ST San Francisco, CA 94109
2,282 Sqft Lot
Open House
Tue Jun 16, 9:00am - 11:00am
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82049753
HOA Y/N No
Year Built 1908
Annual Tax Amount $35,391
Lot Size 2,282 Sqft
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
Cooling None
Fireplace No
Building
Water Public
Schools
School District San Francisco Unified
Others
Tax ID 0335018
Special Listing Condition Standard
Listed by Eymon Binesh Marcus & Millichap #02060059
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