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474 27th Avenue

San Francisco, CA 94121
  • $2,995,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: ML81943195
Price Reduced
UPDATED: 213 min ago
$2,995,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1964
County:

School Ratings & Info

School District:
Listing Agent(s): Michael G Verdone of Economic Concepts (650-364-9822)


Description

$400k price reduction! 1st time on market in 44 years with major price reduction! 3 studios, 3 one bedroom and 1-two bed/2 bath unit. Property totally vacant at estimated 13x gross income and outstanding 5.96% CAP rate! All new dual pane windows, newer roof and soft story seismic retrofit completed. Top floor has skylights, beautiful hardwood floors and ample closet spaces. 2nd floor units available to upgrade. Large open span garage for secure parking. Nestled in the culturally diverse Central Richmond District, property boasts prime location by the Geary Blvd and Clement St. retail corridors. Ideal for owner user with easy management.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T00:28:22.843. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/143745700
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474 27th Avenue San Francisco, CA 94121

  • Price: $2,995,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 213 min ago
  • ID#: ML81943195
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1964
Built
County:
San Francisco
School District:
San Francisco Unified
Property Description
$400k price reduction! 1st time on market in 44 years with major price reduction! 3 studios, 3 one bedroom and 1-two bed/2 bath unit. Property totally vacant at estimated 13x gross income and outstanding 5.96% CAP rate! All new dual pane windows, newer roof and soft story seismic retrofit completed. Top floor has skylights, beautiful hardwood floors and ample closet spaces. 2nd floor units available to upgrade. Large open span garage for secure parking. Nestled in the culturally diverse Central Richmond District, property boasts prime location by the Geary Blvd and Clement St. retail corridors. Ideal for owner user with easy management.
Exterior Features

Carport Spaces 0 Parking Total 3

Interior Features

Cooling None Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 227300 Insurance Expense 4630 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 2200 Other Expense 0 Special Listing Conditions Standard Tax Annual Amount 32120 Trash Expense 2040 Water Source Public Zoning RH2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T00:28:22.843. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Michael G Verdone of Economic Concepts (650-364-9822)