554 Monterey Blvd - Apartments FOR SALE


San Francisco, CA 94127- Sunnyside
$1,749,000 USD
415-531-9659
554 Monterey Blvd, San Francisco, CA for Sale
$1,749,000 USD
Apartments - FOR SALE
1/1
null | 6.1% Cap Rate

554 Monterey Blvd
San Francisco, CA 94127
Sunnyside


OVERVIEW

554 Monterey Blvd is a great opportunity to purchase a four-unit apartment building in the desirable Sunnyside district of San Francisco. Built in the year 1960 and features four one-bedroom, one-bath units, the subject offering can provide a future owner with the potential of a great rental income stream. The building has a concrete foundation and sits on a 2,495 square foot lot with approximately 2,696 square feet of living space per the tax records. Each unit comes with a dedicated parking space, and there are four car parking spots in total. The property is separately metered for gas and electricity, and each unit is heated by gas wall heaters. Additional amenities include a bonus room in the garage area perfect for storage, and a communal washer/dryer area for the convenience of tenants. The location of 554 Monterey Blvd offers residents easy access to a variety of amenities, including a Safeway grocery store just a short walk away. The property is also conveniently located near the Glen Park BART station, providing quick and easy access to downtown San Francisco and other Bay Area destinations. For commuters, the property is situated near major freeways, including Highway 280, making it an ideal location for those who need to travel throughout the city.

FOR SALE DETAILS

PRICE

$1,749,000 USD

PRICE/SF

$649 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,250

CAP RATE

6.1%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,696 SF

ZONING

C-1, San Francisco

APN/PARCEL ID

3093-010

ASK ABOUT THIS PROPERTY

Dimitris DrolapasColdwell Banker Commercial RealtyMore Info
415-531-9659

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

Dimitris DrolapasColdwell Banker Commercial RealtyMore Info
415-531-9659

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