1845 8th Avenue
$2,400,000
San Francisco, California
1845 8th Avenue is a six (6) unit building located at the top of the Inner Sunset blocks from both Forest Hill and Golden Gate Heights. The well-maintained 5,234 square foot building consists of six (6) efficient units with a mix of four (4) 2bd-1ba units and two (2) 1bd-1ba units. One unit will be delivered vacant at the close of escrow.
The āLā shaped lot offers parking for nine (9) cars. The building is separately metered for gas and electricity and has been professionally managed. There are three vacant parking spaces and one (1) apartment will be vacant as of July 31, 2022.
Th property has in-place gross income of $160,000+ which equates to 14.8 GRM and 4.1% cap rate and 31% upside.
GRM:
14.82
PRICE/FOOT:
$459
CAP RATE:
4.15%
PRICE/UNIT:
$400,000
Square Feet:
5,234
Status Date:
10/26/2022
Units:
6
Status:
SOLD
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.