$6,999,995 USD
951-501-6567
74 Crestline Dr
San Francisco, CA 94131
Twin Peaks
HIGHLIGHTS
- KILLER VIEWS - Overlooks San Francisco Bay and Downtown - Market Street - Nature Reserve on west side behind property - Exceptional Location
- HIGHER RENTS DUE TO EXCEPTIONAL LOCATION VIEWS & Very Good Management
- AWESOME REHABS - Property Well Maintained!
- VALUE ADD - RENT INCREASE ON 4 UNITS Long term senior residents in the (+1 Owner's unit) below market apts. - Consider buy outs or attrition
- SPACE FOR NEW AMENITIES PLUS SPACE FOR 2 ADU'S
- VALUE ADD OTHER INCOME POTENTIAL - totally untapped, can add washer dryers or more machines in laundry room, pet rent, has space for more amenities
OVERVIEW
Prime Location Atop Twin Peaks with Panoramic Views
Ownership Ready to Retire
Owner to retain his apartment on a lifetime lease agreement at an agreed upon rate
Possible addition of up to two more units (ADUs)
Current Loan at approximately 5.5% on 1.5 million
See Offering Memorandum for current property details
FOR SALE DETAILS
PRICE
$6,999,995 USD
PRICE/SF
$733 USD /SF
# OF UNITS
12
PRICE/UNIT
$583,333
CAP RATE
4.33%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1965
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.22 AC
LAND SF
9,583 SF
ZONING
RM1
APN/PARCEL ID
2845-004
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951-501-6567
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