1601-1621 Haight St - Apartments FOR SALE


San Francisco, CA 94117- The Haight
$9,950,000 USD
415-412-5703
1601-1621 Haight St, San Francisco, CA for Sale
$9,950,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

1601-1621 Haight St
San Francisco, CA 94117
The Haight


HIGHLIGHTS

  • Haight Ashbury Trophy Mixed-Use
  • Six Retail and Six Large Apartments
  • All Residential Units at Least Three-Bedrooms
  • Strong Commercial Tenant Base
  • High Traffic and Visibility Corner
  • Priced at 10 GRM | 7.8 % Cap Rate

OVERVIEW

1601-1621 Haight and 601-609 Clayton is a prominent corner mixed-use asset in the heart of Haight-Ashbury. This iconic location is a destination for locals and tourists alike with amazing foot traffic. The bulk of the property's income is from the six retail spaces along Haight Street, anchored by Dr. Martens footwear. Other retailers include Cary Lane, Street Taco, Kayo Clothing, and Chameleon Vintage. A new bar tenant has just signed a five-year lease in the space formerly occupied by Hobson's Choice.  The six residential units all have private entrances from the street. Two are along Haight Street and four are accessed on the Clayton Street side of the property. Two of these Three-Bedroom flats will be delivered vacant. All of the units boast hardwood floors, built-in cabinetry, fireplaces (some decorative), and period charm. The property consists of four different structures. Buyers should look into the feasibility of splitting the lot into separate parcels to maximize value. This trophy asset provides an excellent in-place income while maintaining significant upside potential.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

6

PRICE/UNIT

$1,658,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,500 SF

ZONING

NCD - HAIGHT

APN/PARCEL ID

1246-029

ASK ABOUT THIS PROPERTY

Davis NguyenCompass CommercialMore Info
415-412-5703

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Davis NguyenCompass CommercialMore Info
415-412-5703

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