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    1038 Guerrero Street

    San Francisco, CA 94110
    • $4,698,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: ML81811559
    UPDATED: 9 min ago
    $4,698,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Prime 8-unit multi-family two buildings on one lot with an excellent tenant profile. Located on a sought-after block in highly desirable Mission Delores area with a short stroll to sunny Mission Dolores Park or BART. True turn-key property consisting of seven 1-bedroom/1-bath units each approximately 800sf and one 2-bedroom/2-bath unit. Capital improvements include exterior painting, most recent unit remodeled kitchen, bedroom, and bath 2019 and full seismic soft story retrofit 2016. Seven units feature split bath/toilet for privacy, hardwood floors, gas appliances, lots of storage including bicycle hooks in the basement, and washer and dryer available to all. All units currently rented and the building averages 1% or less annual vacancy rate. While spanning over 6600 SF, this enclave offers a tremendous income opportunity for investors of >$240K per year and CAP rate of ~4.5% and well-maintained building with low expenses. Both pest inspections and building inspections are available.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-20T13:39:35.737.

    www.searcheastbayrealestate.com/homes/110175275
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    1038 Guerrero Street San Francisco, CA 94110

    • Price: $4,698,000
    • Status: Active
    • Updated: 9 min ago
    • ID#: ML81811559
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1908
    Built
    Neighborhood:
    All Other Counties/States
    County:
    San Francisco
    Area:
    All Other Counties/States
    Property Description
    Prime 8-unit multi-family two buildings on one lot with an excellent tenant profile. Located on a sought-after block in highly desirable Mission Delores area with a short stroll to sunny Mission Dolores Park or BART. True turn-key property consisting of seven 1-bedroom/1-bath units each approximately 800sf and one 2-bedroom/2-bath unit. Capital improvements include exterior painting, most recent unit remodeled kitchen, bedroom, and bath 2019 and full seismic soft story retrofit 2016. Seven units feature split bath/toilet for privacy, hardwood floors, gas appliances, lots of storage including bicycle hooks in the basement, and washer and dryer available to all. All units currently rented and the building averages 1% or less annual vacancy rate. While spanning over 6600 SF, this enclave offers a tremendous income opportunity for investors of >$240K per year and CAP rate of ~4.5% and well-maintained building with low expenses. Both pest inspections and building inspections are available.
    Exterior Features

    Lot Description Regular Parking Spaces Total 0

    Interior Features

    All Units Have Refrigerator Apx Sq Ft Unit1 850 Apx Sq Ft Unit2 980 Apx Sq Ft Unit3 550 Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 1 Cooling None Flooring Hardwood FloorsLaminateTile Heating GasWall Furnace Laundry Coin Operated Some Units Have DishwasherUpdated BathsUpdated Kitchen

    Property Features

    Annual Gross Sched Income 243204 Annual Taxes 9404 Annual Utility Expense 461 Building Type Other City Transfer Tax Yes Disabled Features Disabled Bath FeatOther Equipment Additional Tankless Water Heater Hoa YN No Net Operating Income 209460 Operating Expenses Accounting/LegalInsuranceMaintenance/RepairTrash RemovalWater Tenant Pays ElectricGas Tot Bldg Sq Ft 6630 Views City LightsHillsValley Water Sewer Sewer System - PublicWater - Public Zoning Rm1

    Listing courtesy of Kay Stenn of Coldwell Banker Realty.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-20T13:39:35.737.

     
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