700 Baker St - Apartments FOR SALE


San Francisco, CA 94115- North Park
$3,375,000 USD
415-516-9843
700 Baker St, San Francisco, CA for Sale
$3,375,000 USD
Apartments - FOR SALE
1/6
null | 5.65% Cap Rate

700 Baker St
San Francisco, CA 94115
North Park


OVERVIEW

1798 McAllister Street is a well-located and fully occupied mixed-use property in the heart of NOPA. The property consists of two Studio and two 1BD apartments, and a ground-floor commercial space. All five apartments were recently remodeled with high-end finishes, in-unit laundry, and modern appliances. The commercial space was just leased to a law firm on a new 10-year lease with an extension option for an additional 5 years. The commercial space is south-facing with great visibility from the street and natural light. All of the apartments are separately metered for gas and electricity, and tenants pay for their own heat. Additionally, a utility reimbursement program has been implemented to reduce all landlord utility expenses. A soft-story seismic retrofit was also completed in 2025. Located at the intersection of Baker and McAllister Streets, this is a highly desirable location that provides convenient access to Divisadero shops and retail, the Panhandle, Golden Gate Park, and Haight-Ashbury. This is an excellent opportunity to purchase a turn-key asset that will provide immediate cash flow.

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/SF

$774 USD /SF

# OF UNITS

6

PRICE/UNIT

$562,500

CAP RATE

5.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

RM-1

APN/PARCEL ID

1157-009A

ASK ABOUT THIS PROPERTY

Adam FillyCompass CommercialMore Info
415-516-9843

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Adam FillyCompass CommercialMore Info
415-516-9843

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