1355 47th Ave - Apartments FOR SALE


San Francisco, CA 94122- Outer Sunset
$1,100,000 USD
415-531-9659
1355 47th Ave, San Francisco, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/1
null | 3.8% Cap Rate

1355 47th Ave
San Francisco, CA 94122
Outer Sunset


OVERVIEW

1355 47th Avenue is a 5-unit apartment building with 5-car parking located in the desirable Outer Sunset district of San Francisco. The unit mix consists of 3 one-bedroom and 2 two-bedroom apartments. Built in 1960 and boasts 3,778 sq. ft. per the tax records, the property is compliant with San Francisco's soft-story ordinance, has a new roof, updated electrical subpanels in each unit and is separately metered for gas and electricity. The building is steps from the N-Judah line, Ocean Beach, and Golden Gate Park, as well as local favorites like Outerlands and Java Beach Cafe. With easy access to the Financial District and major thoroughfares, this is a prime opportunity to acquire a well-maintained asset with significant upside potential.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

5

PRICE/UNIT

$220,000

CAP RATE

3.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

RH2

APN/PARCEL ID

1802-008

ASK ABOUT THIS PROPERTY

Dimitris DrolapasColdwell Banker Commercial RealtyMore Info
415-531-9659

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Dimitris DrolapasColdwell Banker Commercial RealtyMore Info
415-531-9659

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