457 8th Avenue

$2,500,000

Inner Richmond

457 8th Avenue a well-maintained eight (8) unit apartment building located between Geary and Anza Streets in San Francisco’s Inner Richmond District. Built in 1960, the property features a unit mix of six (6) 1bd/1ba units and two (2) 2bd/1ba units. Amenities include parking for eight (8) cars and on-site laundry. The property is fully occupied, and a soft-story seismic retrofit was completed in 2019.
Tenants enjoy close proximity to shops and restaurants along Balboa and Clement Streets and easy access to Golden Gate Park and the Presidio. 457 8th Avenue presents investors the opportunity to acquire a clean, low-maintenance asset in one of San Francisco’s most desirable neighborhoods.

GRM:

10.93

PRICE/FOOT:

$455

CAP RATE:

5.96%

PRICE/UNIT:

$312,500

Square Feet:

5,496

Status Date:

Units:

8

Status:

JohnAntonini-Headshot
ANTONINISF-LOGO

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.