2526 Balboa St is a well-maintained 4-unit apartment building located in the Central Richmond District of San Francisco. This 3,500 square foot property consists of four (4) 1-bedroom units and includes garage parking that will accommodate two cars (side by side). One unit will be delivered vacant. The building is separately metered for gas and electricity, and the boiler was replaced in 2014. The rear units offer views of the Golden Gate Bridge. 2526 Balboa St is an excellent opportunity for owner-users or investors to acquire a low-maintenance building in a fantastic location with significant rental upside.
GRM:
17.75
PRICE/FOOT:
$364
CAP RATE:
3.02%
PRICE/UNIT:
$318,750
Square Feet:
3,500
Status Date:
10/13/2020
Units:
4
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.