176-180 Langton St - Apartments FOR SALE


San Francisco, CA 94103- SoMa
$1,495,000 USD
510-822-1331
176-180 Langton St, San Francisco, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/19
null | 4.68% Cap Rate

176-180 Langton St
San Francisco, CA 94103
SoMa


HIGHLIGHTS

  • 3-unit Apartment Complex with a Great SOMA Location
  • Three Remodeled 1bd/1bth Units with Strong Cash Flow
  • One Vacant Unit– Perfect for an Owner-Occupant
  • High-end Kitchens and Bathrooms, Wood Floors, Custom Lighting, Coin-op Laundry, and Molding
  • Easy to Manage Property - Separately Metered for Electric and Gas with Low Annual Operating Expenses
  • High Demand Location Near Many Restaurants, Coffee Shops, Shopping Options, and a Short Distance to BART, Oracle Park, Chase Center, and More

OVERVIEW

3-unit apartment complex with a great SOMA location featuring three 1bd/1bth units with strong current cash flow. The property was originally built in 1911, offers approximately 3,093 square feet of rental space, and offers a nice backyard with plenty of room for tenants to enjoy. Currently, there is one vacant unit making this a perfect opportunity for an owner-occupant. All the units have been fully remodeled and offer high-end kitchens and bathrooms with granite countertops, custom lighting and molding, newer cabinets, wood floors, double pane windows, new paint and more. The property is easy to manage and is separately metered for electric and gas providing low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an excellent location near countless restaurants, coffee shops, bars, and shopping options and only a short distance to BART, Oracle Park, and the Chase Center. This location is always in high-demand and rents fast given it’s close proximity to other popular districts such as Hayes Valley, Inner Mission, Noe Valley, Castro, etc. ****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE OR PRIVATE SHOWING.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$483 USD /SF

# OF UNITS

3

PRICE/UNIT

$498,333

CAP RATE

4.68%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SOMA Triplex with One Vacant Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1911

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,999 SF

ZONING

RED SOMA, S F

APN/PARCEL ID

3755-112

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

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