457 8th Ave - Apartments FOR SALE


San Francisco, CA 94118- Richmond District
$2,500,000 USD
415-866-7997
457 8th Ave, San Francisco, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/9
null | 5.96% Cap Rate

457 8th Ave
San Francisco, CA 94118
Richmond District


HIGHLIGHTS

  • Desirable Inner Richmond Location
  • Strong unit mix with parking for tenants
  • Soft story completed in 2019

OVERVIEW

457 8th Avenue a well-maintained eight (8) unit apartment building located between Geary and Anza Streets in San Francisco's Inner Richmond District. Built in 1960, the property features a unit mix of six (6) 1bd/1ba units and two (2) 2bd/1ba units. Amenities include parking for eight (8) cars and on-site laundry. The property is fully occupied, and a soft-story seismic retrofit was completed in 2019. Tenants enjoy close proximity to shops and restaurants along Balboa and Clement Streets and easy access to Golden Gate Park and the Presidio. 457 8th Avenue presents investors the opportunity to acquire a clean, low-maintenance asset in one of San Francisco's most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

5.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

457 8th Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,073 SF

ZONING

RM1

APN/PARCEL ID

1536-009

ASK ABOUT THIS PROPERTY

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415-866-7997

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415-866-7997

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