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    1038-1042 Guerrero Street

    San Francisco, CA 94110
    • $4,198,000
    • STATUS: Active
    • ON SITE: 125 days
    • MLS #: 506093
    $4,198,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,630
      SQFT
    • $633
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:
    Area:

    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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    © 2021 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 Keller Williams San Francisco. Data last updated 2021-01-19T20:20:00.23.
    www.sfhothomes.com/homes/110064999
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    1038-1042 Guerrero Street San Francisco, CA 94110

    • Price: $4,198,000
    • Status: Active
    • MLS #: 506093
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    6,630
    SQFT
    $633
    $/SQFT
    1908
    Built
    Neighborhood:
    Noe Valley
    County:
    San Francisco
    Area:
    Noe Valley
    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

    Exterior Wood Siding Foundation Concrete PerimeterPillars/Posts/Piers Indep Parking Spaces 1 Lot Dimensions 117.5 X 30..5 Lot Measurement Sqft Lot Square Footage 3584.00 Parking AttachedGarage Parking Spaces 1 Roof Bitumen Style Victorian Tandem Parking Spaces 0 Views City LightsHills

    Interior Features

    Appliances Equip CarpetOven/Range Built-InOven/Range FreestandRefrigeratorGarbage DisposalDishwasherFire Sprinklers Basement UnfinishedStorage Area Commercial Units 0 Floors Partial HardwoodTileLinoleumSimulated Wood Furnished Units 0 Heating Cooling GasElectricHot WaterWall Furnaces Laundry Appliances In Common Area One Bedroom Units 7 Possible Bedrooms 0 Rooms 24 Studio Units 0 Three Plus Bedroom Units 0 Two Bedroom Units 1 Vacant 0

    Property Features

    Actual Or Scheduled Actual Construction Wood Frame Cross Street Address 22nd Street District Sf District 5 Documents Disclosure Prelim Title ReportRental/Lease AgmtsSeismic Hazard DisclEnv Hazards ReportLead Hazard Discl Est Gross Income 243204 Est Total Expenses 31312.00 Income Expenses Sourc Owner Lease Term Month To Month1 Year Miscellaneous Patio(S)Smoke Alarm(S)Security Gate Operating Expenses Property TaxesWaterGarbage CollectionMaintenance/RepairsInsurance Possession Close Of Escrow Property Subtype 5 - 15 Units Scope Of Service Full Service Separate Meters WaterGasElectricity Special Listing Conditions None Square Footage Source Per Owner Tenant Pays GasElectricityCable Tv Type Apartments2 Story3 Story Unconfirmed Coop Fee 0.00

    Listing provided courtesy of Kay Stenn of Coldwell Banker Realty.


    © 2021 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 Keller Williams San Francisco. Data last updated 2021-01-19T20:20:00.23.
     
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    San Francisco CA, 94109