2275 California St - Apartments FOR SALE


San Francisco, CA 94115- Lower Pacific Heights
$2,995,000 USD
415-754-8489
2275 California St, San Francisco, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/14
null | 5.02% Cap Rate

2275 California St
San Francisco, CA 94115
Lower Pacific Heights


HIGHLIGHTS

  • Rare 3-unit triplex with two (2) massive units delivered vacant: (1) 2bd/1.5ba, and one (1) 2-story 4bd/2ba owner's unit
  • Prime location in Lower Pacific Heights, 2 blocks from upper Fillmore St dining, shopping & retail
  • Large backyard & garden, two (2) large storage rooms, washer / dryers dedicated to each unit
  • Massive upside for an investor with 2/3 units delivered vacant
  • Lots of natural light with full directional views

OVERVIEW

Introducing an iconic property with a storied history, the building at 2275 California St, San Francisco, CA, 94115 presents a compelling investment opportunity for a multifamily investor or prospective owner-occupier. Built in 1900 and boasting 6,000 SF situated on a 3,438 square foot lot, this RH2-zoned property comprises three units, exuding timeless architectural details and historic charm. With one-third of the units occupied, this well-maintained building offers a prospective owner-user or investor two (2) vacant units for owner move-in or the opportunity to rent out units at market rents immediately including a massive 4-bedroom / 2-bath, 2-story owner's unit. Its prime location in lower Pacific Heights adds to its allure, making it a reliable and sought-after investment in the revitalized San Francisco real estate market.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$499 USD /SF

# OF UNITS

3

PRICE/UNIT

$998,333

CAP RATE

5.02%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2275 California St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RH2

APN/PARCEL ID

0652-025

ASK ABOUT THIS PROPERTY

Andrew BlackEngel & VolkersMore Info
415-754-8489

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Andrew BlackEngel & VolkersMore Info
415-754-8489

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