1520 Leavenworth St - Apartments FOR SALE


San Francisco, CA 94109- Nob Hill | 
$2,950,000 USD
415-794-6453
1520 Leavenworth St, San Francisco, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/12
null | 5.51% Cap Rate

1520 Leavenworth St
San Francisco, CA 94109
Nob Hill


OVERVIEW

Turnkey property ready to go! 1520 Leavenworth Street is a well-maintained seven-unit apartment building ideally located between Nob Hill and Russian Hill. Five of the seven units have been fully remodeled with wood floors, updated kitchens and baths, new fixtures and appliances, and in-unit laundry. The property offers strong in-place income with tremendous upside in rents. Recent capital improvements include a completed earthquake retrofit, new electrical panels, fire alarm sounders installed per City requirements, exterior paint, and common-area upgrades. The building is separately metered for gas and electricity and features a desirable mix of five 2BD/1BA units, one 1BD/1BA, and one studio. Inspection reports are available upon request.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$608 USD /SF

# OF UNITS

7

PRICE/UNIT

$421,429

CAP RATE

5.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

RM-3

APN/PARCEL ID

0183-020

ASK ABOUT THIS PROPERTY

Michael JohnstonEngel & VolkersMore Info
415-794-6453

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Michael JohnstonEngel & VolkersMore Info
415-794-6453

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