833 Corbett Ave - Apartments FOR SALE


San Francisco, CA 94131- Castro
$2,700,000 USD
415-516-9843
833 Corbett Ave, San Francisco, CA for Sale
$2,700,000 USD
Apartments - FOR SALE
1/8
null | 5.02% Cap Rate

833 Corbett Ave
San Francisco, CA 94131
Castro


OVERVIEW

833 Corbett Avenue is a rare 5-unit investment opportunity in San Francisco's iconic Twin Peaks neighborhood. This impeccably maintained property features a diverse unit mix: one 3-bedroom/2-bath, one 2-bedroom/2-bath, one 2-bedroom/1-bath, and two 1-bedroom/1-bath. Unit 1 spans two levels with a house-like layout and 2 bathrooms. Unit 5 is also a generous two-level 2-bedroom residence. Every apartment captures sweeping panoramic views of San Francisco, from Downtown and through the Bay looking south. Each unit also includes private outdoor space for residents to enjoy the city skyline. The building's distinctive design cascades from Corbett Avenue down to a secondary frontage on Market Street. There is a 5-car garage providing parking for the tenant's convenience. Utilities are separately metered, with tenants paying for gas, electric, and heat, keeping operating expenses minimal. The soft-story seismic retrofit was completed in 2019. The property shows the pride of ownership throughout, offering a solid investment with over 30% rental upside. This is an excellent opportunity to acquire a turn-key building with amazing views in one of San Francisco's most sought-after locations.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$541 USD /SF

# OF UNITS

5

PRICE/UNIT

$540,000

CAP RATE

5.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,234 SF

ZONING

RM1

APN/PARCEL ID

2778-034

ASK ABOUT THIS PROPERTY

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415-516-9843

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415-516-9843

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