Set on the north slope of Potrero Hill, 324 Connecticut Street is a six (6) unit building that has
been carefully maintained and thoughtfully improved. Five of six units have been updated, and
four of those have in-unit laundry. Building-wide work includes a completed seismic retrofit, new
exterior paint, and upgraded fire alarms. From the rear decks, residents take in open westward
views across Potrero to Twin Peaks and the downtown skyline.
The 18th Street corridor is right around the corner, offering a short walk to Goat Hill Pizza, Chez
Maman, Plow, Mochica, and Bloom Saloon. Mission Bay is a short walk or bike ride away, with
the Chase Center, UCSF’s Mission Bay campus and hospitals, and Caltrain all nearby, plus easy
on-ramps to 101 and 280. With in-place income of $24,000/month, the property is offered at an
attractive 6% cap rate and 11.2 GRM.
324 Connecticut is a rare opportunity to purchase a stabilized building on the north slope of
Potrero Hill, with healthy income.