817 Oak St - Apartments FOR SALE


San Francisco, CA 94117- Lower Haight
$4,700,000 USD
415-686-0630
817 Oak St, San Francisco, CA for Sale
$4,700,000 USD
Apartments - FOR SALE
1/51
null | 6.46% Cap Rate

817 Oak St
San Francisco, CA 94117
Lower Haight


OVERVIEW

817-821 Oak Street presents a rare opportunity to acquire a well-maintained, fully occupied, 3-Unit building in the heart of Hayes Valley that reflects true pride of ownership. This Edwardian property has been completely remodeled with high-end, contemporary finishes, while simultaneously retaining its classic San Francisco charm. Perfect for investors and owner-occupants alike, each unit boasts updated kitchens and bathrooms, modern quartz countertops, beautiful hardwood floors, high ceilings, and flexible floor plans. Unit 817 is a bi-level, 5bed/4full & 2half bath unit currently rented for $14,030/month that includes its own private studio/guest suite, gourmet chef's kitchen, and backyard. Unit 819, the middle flat, is a 4bed/3bath unit currently rented for $9,180/month. Unit 821, the top floor flat, is also a 4bed/3bath unit currently rented for $9,300/month. This 3-Unit building grosses $390,120/year, and no unit has ever gone more than 2 months without being re-leased at top market rate going back to 2017 (when the building was remodeled with a new foundation, seismic upgrades, and new systems). 6.46% CAP & 12.05 GRM. Legal 3-Unit Building One 2-Level 5Bedroom/4Full & 2 Half Bath Unit Two 4Bedroom/3Bathroom Units w/ Views Fully Remodeled Building with New Foundation, Seismic Upgrades, & New Systems in 2017 All Three Units Tenant Occupied 6.10% CAP Rate / 12.43 GRM Perfect For an Owner-Occupier or Keep as High Income Rental Units

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$964 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,566,667

CAP RATE

6.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

817-821 Oak Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,478 SF

ZONING

RM1

APN/PARCEL ID

0844-034

ASK ABOUT THIS PROPERTY

Mason McDowellCompass CommercialMore Info
415-686-0630

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Mason McDowellCompass CommercialMore Info
415-686-0630

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