5288-5290 3rd St is a well-maintained two unit apartment building located in the Bayview district of San Francisco. With 3,450 sq/ft of rentable space, the unit mix includes two (2) identical 3 bedroom-1bath units. There is a one car garage and two storage units.
The property is fully occupied and produces approximately $54,151 per year. The back stairs have recently undergone a major upgrade. Heat is provided by a forced air furnace.
The Bayview neighborhood is in the southeastern part of San Francisco. Access to both highway 101 and 280 and the T muni line makes this neighborhood great for commuters. 3rd Street provides ample local amenities such as grocery stores, bars, cafes and restaurants.
GRM:
14.62
PRICE/FOOT:
$230
CAP RATE:
4.16%
PRICE/UNIT:
$397,500
Square Feet:
3,450
Status Date:
6/5/2024
Units:
2
Status:
Available
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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.