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1001 Market Street

San Francisco, CA 94103
  • $8,300,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 423737260
UPDATED: 53 min ago
$8,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 29,473
    SQFT
  • $282
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1908
County:

School Ratings & Info

Description

53-unit, mixed-use (residential over retail), corner building comprised of +/-29,473 square feet. Centrally located on the southwest corner of Market and 6th Streets. The private units feature high ceilings and are comprised of a loft and a kitchenette with mini refrigerators. The bathrooms are shared (3 toilets on each floor and 2 shower stalls on the 2nd floor). Water and garbage are included in the rent. There is a washer & dryer on each floor for the convenience of the tenants. Combined, the 8-ground floor retail spaces measure approximately 10,305 square feet. There are 4 storage spaces on the property that contribute to the income of the asset. The Property is 92% leased with average in-place residential rents that are 20% below market, allowing investors the opportunity to increase net income as leases turn over.

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© 2023 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 EXP Realty. Data last updated 2023-06-08T09:20:12.243.
www.sfhothomes.com/homes/138933020
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1001 Market Street San Francisco, CA 94103

  • Price: $8,300,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 53 min ago
  • MLS #: 423737260
0
Beds
0
Baths
0
½ Baths
N/A
Acres
29,473
SQFT
$282
$/SQFT
1908
Built
Neighborhood:
South Of Market
County:
San Francisco
Area:
Sf District 9
Property Description
53-unit, mixed-use (residential over retail), corner building comprised of +/-29,473 square feet. Centrally located on the southwest corner of Market and 6th Streets. The private units feature high ceilings and are comprised of a loft and a kitchenette with mini refrigerators. The bathrooms are shared (3 toilets on each floor and 2 shower stalls on the 2nd floor). Water and garbage are included in the rent. There is a washer & dryer on each floor for the convenience of the tenants. Combined, the 8-ground floor retail spaces measure approximately 10,305 square feet. There are 4 storage spaces on the property that contribute to the income of the asset. The Property is 92% leased with average in-place residential rents that are 20% below market, allowing investors the opportunity to increase net income as leases turn over.
Exterior Features

Independent Parking Spaces 0 Lot Features Sidewalk Parking Total 0 Tandem Parking Spaces 0

Interior Features

Rooms Total 56 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

Property Features

Cap Rate 7.56 Number Of Units Vacant 5 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 8 Unit Type Studio Units Total 45 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 0 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

Listing provided courtesy of Dustin Dolby of Colliers International: .


© 2023 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 EXP Realty. Data last updated 2023-06-08T09:20:12.243.
 
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EXP Realty
75 Broadway Suite #202
San Francisco CA, 94111