64 6th ST, San Francisco, CA 94103 - MLS#424006975 - Garrick Yan

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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Malin P Kansal Golden Gate Sotheby's International Realty

$ 3,590,000

Est. payment -/mo

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Active

64 6th ST San Francisco, CA 94103

11 Baths

8,712 SqFt

UPDATED:

10/18/2024 10:57 AM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 8,712 sqft

Price per Sqft $412

MLS Listing ID 424006975

Full Baths 11

HOA Y/N No

Year Built 1910

Lot Size 2,400 Sqft

Acres 0.0551

Property Description

Opportunity Knocks! PRICE DROP !!! Distinctive 34-unit with full basement, building with pride of ownership and great tenant profile. This mixed-use South of Market property combines opportunity + upside. Seller Rate Buy Down Available. Two Commercial Units. An attractive option for investors looking for a balanced steady income producing asset. 32 Residential Dorm-Style Single Room Occupancy (SRO) Units. Most rooms upgraded w/tons of opportunity for additional upgrades. Three floors of units - each floor is complete with shared bathroom and showers. 2 commercial units: Commercial Unit (#66) Leased to Thrasher Skateboard Company, $200k in Upgrades. Commercial Unit (#68) Leased to corner grocery store business, $400k in Upgrades including ADA Compliant Bathroom. Full Basement (Vacant) with usage TBD. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must-see. Don't miss this opportunity! CAP Rate NOW 4.72% and GRM NOW 14.20 ; Pro Forma CAP Rate 8.51 and GRM 9.27 Dynamic SoMa Location on 6th! Corner building near downtown. Shopping, BART, MUNI, Cafes, Restaurants, Night Spots, Social Services all here. Immersed in many NEW buildings and neighborhood features. Opportunity to create a trophy building.

Location

State CA

County San Francisco

Area Sf District 9

Interior

Fireplace No

Exterior

Private Pool false

Building

New Construction No

Others

Tax ID 3703027

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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