460 Natoma St - Apartments FOR SALE


San Francisco, CA 94103- SoMa | 
$13,995,000 USD
415-990-2199
460 Natoma St, San Francisco, CA for Sale
$13,995,000 USD
Apartments - FOR SALE
1/15
null | 4.12% Cap Rate

460 Natoma St
San Francisco, CA 94103
SoMa


HIGHLIGHTS

  • 20 stunning loft townhouses with separate APNs, recorded condo map, and draft public report
  • Steps to 5M Park, AI Alley, and luxury rental high-rise The George
  • 20 gated parking spaces
  • Roof deck with view of Salesforce Tower
  • 18' ceilings, modern design
  • Two entrances for each unit, fireplaces, in-unit laundry

OVERVIEW

TRANSCEND SoMa is an offering of 20 stunning multi-level live/work loft townhouses and 20 gated parking spaces with a recorded subdivision map, 20 separate APNs, and a draft public report. Currently operated and offered as an apartment building grossing $860,000+/- annually, the property comprises 23,555 net livable square feet and offers significant rental upside and the potential for selective disposition of individual units. No rent control and no BMR component upon individual unit sales (buyer to verify). Located on a quiet, tree-lined alley half a block from 5M Park and luxury high-rise The George, the property is also a short walk to AI Alley and will benefit from the soon-to-be-leased office component of the 5M project at 415 Natoma. Savvy investors can acquire a portfolio of wholesale condos with significant revenue to support strategic repositioning as the market rises. Built in 2000, each unit has two entrances, soaring 18' ceilings, in-unit laundry, fireplaces, and a gated parking spot. The common roof deck enjoys views of Salesforce Tower and the San Francisco skyline. Offered as a building only. Individual condos may only be sold subject to issuance of a final public report, tenants' rights, and other conditions. Buyer to investigate to its complete satisfaction.

FOR SALE DETAILS

PRICE

$13,995,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

20

PRICE/UNIT

$699,750

CAP RATE

4.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TRANSCEND SoMa

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2000

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,398 SF

ZONING

C-3-S

APN/PARCEL ID

3725-104

ASK ABOUT THIS PROPERTY

Elizabeth MooreShamrock RealtyMore Info
415-990-2199

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Elizabeth MooreShamrock RealtyMore Info
415-990-2199

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