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64 6th Street

San Francisco, CA 94103
  • $3,590,000
  • STATUS: Active
  • ON SITE: 157 Days
  • ID#: 424006975
$3,590,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 8,712
    SQFT
  • $412
    $/SQFT
Neighborhood:
Type:
Shared Interest
Built:
1910
County:

School Ratings & Info

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. Commercial Units NOW FULLY LEASED! 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.

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© 2024 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts. Data last updated 2024-07-12T00:20:01.947.
www.bayareahomesearch.com/homes/147289327
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64 6th Street San Francisco, CA 94103

  • Price: $3,590,000
  • Status: Active
  • On Site: 157 Days
  • ID#: 424006975
0
Beds
11
Baths
0
½ Baths
0.06
Acres
8,712
SQFT
$412
$/SQFT
1910
Built
Neighborhood:
South Of Market
County:
San Francisco
Area:
Sf District 9
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. Commercial Units NOW FULLY LEASED! 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.
Exterior Features

Carport Spaces 0 Entry Level 0 Horse YN No Open Parking Spaces 0 Parking Total 0 Pool Private YN No Spa YN No

Interior Features

Fireplaces Total 0

Property Features

Association Fee 0 Association YN No Current Rent 0 Home Warranty YN No Parking Fee 0 Property Sub Type Tenancy in Common Senior Community YN No Subtype Description Mid-Rise (4-8)

Listing provided courtesy of Malin Kansal of Golden Gate Sotheby's International Realty: .


© 2024 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts. Data last updated 2024-07-12T00:20:01.947.
 
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