MLS#ML82049753
STATUSActive Under Contract
PROPERTY TYPECommercial - Business
SCHOOLSan Francisco Unified
Listing Courtesy of:
Marcus & Millichap
Agency Phone: (650) 391-1700
Associate Name: Eymon Binesh
Listing Shown by:
Watson Realty
Associate Name: TEAM T.P.G.
Property Description
677 Ellis Street presents a rare opportunity to acquire a fully renovated, turnkey 14-unit apartment building in the heart of San Francisco. Comprised of fourteen studio residences, the property offers investors an attractive 6.83% current CAP rate with stable in-place income and minimal deferred maintenance. Recent capital improvements include brand-new electrical throughout the building, while the units have been extensively renovated with high-end designer finishes, creating a modern living experience that appeals to today's urban renter. This is an ideal opportunity to own a quality, low-maintenance asset in one of San Francisco's most supply-constrained rental markets at only $176,000 per unit!
Property Features
Property Type: Commercial - Business
Cooling: None
Lot Size: 0.05 Acres
Taxes: $35,391
Year Built: 1908
Feature Descriptions
Days on Site: 59
Parcel#: 0335018
Units: 14
Water: Public
Local Schools
School District: San Francisco Unified
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap
Agent Name: Eymon Binesh
Agency Phone: (650) 391-1700
Shown By
Agent Name: TEAM T.P.G.
Agent Phone:
Agency Title: Watson Realty
677 Ellis Street | MLS# ML82049753
This commercial property located at 677 Ellis Street, San Francisco, CA 94109 is currently listed for sale with an asking price of $2,475,000. Ellis Street is located within the San Francisco Unified school district. Search San Francisco real estate on t-p-g.cce-escrow.com today.