883 Sacramento St - Apartments FOR SALE


San Francisco, CA 94108- Chinatown
$2,999,000 USD
415-287-6982
883 Sacramento St, San Francisco, CA for Sale
$2,999,000 USD
Apartments - FOR SALE
1/11
null | 6.01% Cap Rate

883 Sacramento St
San Francisco, CA 94108
Chinatown


HIGHLIGHTS

  • Classic brick and Timber throughout units
  • Completley renovated in 2005/2023
  • Balanced income diversification
  • Deck on top unit with fantastic views of Coit Tower and Downtown

OVERVIEW

Classic Brick and Timber Completely Renovated in 2005/2023 The property offers balanced income diversification, reducing risk while appealing to live-work lifestyles in a city where such setups are increasingly sought after. Rental Income: Fully occupied with a current gross rental income of $225,576 annually. Strong Financial Metrics: Net Operating Income (NOI) of $180,766, supported by low operating expenses, positions the property for attractive returns in a market where comparable mixed-use sales average 5.25% cap rates.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$600 USD /SF

# OF UNITS

3

PRICE/UNIT

$999,667

CAP RATE

6.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CRNC

APN/PARCEL ID

0242-025

ASK ABOUT THIS PROPERTY

Jack MarkeyMatthews Real Estate Investment ServicesMore Info
415-287-6982

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

Jack MarkeyMatthews Real Estate Investment ServicesMore Info
415-287-6982

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