This 8-unit mixed use building has two ground floor commercial units, four 2-bed/1-bath units, two 1-bed/1-bath units, and has seperate gas and electric meters. One residential units (2-bed/1-bath) will be delivered vacant at close of escrow. The subject property is located within walking distance to Irving Street shops and restaurants, Golden Gate Park, UCSF, and public transportation. The property yields and GRM of 13.99, Current Cap Rate of 5.41%, and has 52.86% upside in rents. Priced at $363/square foot in the inner Sunset District making this an excellent investment opportunity property for investors.
Cap Rate: 5.76%NOI: $132,435Livable Sq. Ft: 6,740
Built in 19076 Apartments & 2 Retail unitsLot Sq. Ft: 3,197