1627 48th Avenue
$1,695,000
Outer Sunset
1627 48th Ave is a five (5) unit building located on between Lawton and Moraga. Two (2) units will be delivered vacant including a top floor, 2bd-1ba unit with excellent light, corner windows, and West-facing views of the sand and waves on Ocean Beach. Investors can enjoy a 6.0%+ cap rate and 11.06 GRM once the two vacant units have been rented. The unit mix consists of three (3) 1-bedroom units and two (2) 2-bedroom units. There are 5 parking spaces. 1627 48th Ave is a true opportunity for both owner-users and investors.
GRM:
11.06
PRICE/FOOT:
$383
CAP RATE:
6.52%
PRICE/UNIT:
$339,000
Square Feet:
4,424
Status Date:
Units:
5
Status:
Senior Vice President
Mobile: 415.794.9510
john@antoninisf.com
John Antonini is a commercial agent who represents clients in the sale and purchase of residential investment property in San Francisco. Since 2007, he has a built a proven track record of adding-value for Buyers and Sellers of SF apartment, mixed-use and commercial transactions.