108 Naglee Ave - Apartments FOR SALE


San Francisco, CA 94112- Outer Mission
$1,950,000 USD
415-910-6852
108 Naglee Ave, San Francisco, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/32
null | 7.33% Cap Rate

108 Naglee Ave
San Francisco, CA 94112
Outer Mission


OVERVIEW

FOR SALE: Renovated 4-Unit Income Property | High Cap Rate | Turnkey Investment 108 Naglee Avenue, San Francisco, CA 94112 Offered at: $1,998,888 Cap Rate: 7.33% | GRM: 13.14 | NOI: $142,906 Investment Overview: Presenting a fully occupied, recently renovated 4-unit multifamily property in a high-demand San Francisco neighborhood. This turnkey asset offers strong cash flow, minimal maintenance needs, and a competitive 7.33% cap rate, significantly above the local market average. All four units have been modernized with approximately $100,000 in capital improvements, including updated kitchens, bathrooms, flooring, lighting, and building systems — reducing future capital expenditures and increasing tenant satisfaction. Financial Summary: Gross Monthly Income: $12,669 Gross Annual Income: $152,028 Net Operating Income (NOI): $142,906 Monthly Debt Service (Estimated): $9,900 Cap Rate: 7.33% GRM: 13.14 Cash-on-Cash Return (Est.): 29.2% (with no debt) or ~4.82% (with financing) Financing Snapshot: Loan Amount: $1,599,110 (80% LTV) Down Payment: $399,778 Interest Rate: ~6.375% | APR: ~6.481% Loan Type: 30-Year Fixed (Conforming) Eligible Lenders: Community First Mortgage, SF Federal Credit Union Positive Cash Flow: ~$2,000/month after debt service Recent Renovations: Modern kitchens & bathrooms New flooring, fixtures, and lighting Updated electrical, plumbing, and HVAC systems Exterior improvements and common area updates Investment Highlights: Fully occupied, stabilized asset Located in a strong rental submarket with low vacancy Professionally managed (6% fee) for hands-off ownership Off-street parking and tenant-friendly amenities Below conforming loan limits for easier financing Rental upside and long-term appreciation potential Location: Nestled in a residential pocket of San Francisco, 108 Naglee Avenue offers proximity to public transportation, major freeways, shopping, and schools — making it attractive to tenants and investors alike. Contact Information: For additional details, financials, or lender referrals, contact: Extramile Property Management Company Inc Info@extramilepminc.com (415)910-6852 DRE License #: 01830385

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$502 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,500

CAP RATE

7.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

108 Naglee Ave., SF CA 94122 POSITIVE INCOME

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,800 SF

ZONING

RH1

APN/PARCEL ID

7065-007

ASK ABOUT THIS PROPERTY

Arash KhalatbariExtramile Property Management Company IncMore Info
415-910-6852

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Arash KhalatbariExtramile Property Management Company IncMore Info
415-910-6852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.