Description
Originally built in 1905 and virtually rebuilt in 2018+/-, this 4-unit mixed use trophy property has a prominent and highly visible location in Lower Pacific Heights. Comprised of 3 renovated residential apartments above 1 renovated commercial triple net lease medical office, $500,000+/- was invested in tenant improvements updating the commercial space to accommodate a large hospital provider: Dignity Health. Property APN #1049-059 is comprised of two 2-bedroom units, one studio, one ground floor commercial, and one garage. The renovated apartments were outfitted in 2018+/- with new appliances, wood floors, cabinetry, double pane windows, washer/dryers, individual forced air heating units, and intercom security systems. The building has been re-wired with separately metered 400-amp electrical service, and has a newer roof with bitumen coating. An extensive soft-story retrofit was completed. Fully occupied at market rents, this property is an ideal candidate for immediate income, 1031 exchange, etc. Close proximity to Mt. Zion Medical Center, UCSF, Kaiser Permanente, public transit, parks, outstanding restaurants/coffee/bars, this pride of ownership building is ideally sited to remain an attractive draw for future tenants.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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4,590SQFT
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$1,088$/SQFT
School Ratings & Info
Description
Originally built in 1905 and virtually rebuilt in 2018+/-, this 4-unit mixed use trophy property has a prominent and highly visible location in Lower Pacific Heights. Comprised of 3 renovated residential apartments above 1 renovated commercial triple net lease medical office, $500,000+/- was invested in tenant improvements updating the commercial space to accommodate a large hospital provider: Dignity Health. Property APN #1049-059 is comprised of two 2-bedroom units, one studio, one ground floor commercial, and one garage. The renovated apartments were outfitted in 2018+/- with new appliances, wood floors, cabinetry, double pane windows, washer/dryers, individual forced air heating units, and intercom security systems. The building has been re-wired with separately metered 400-amp electrical service, and has a newer roof with bitumen coating. An extensive soft-story retrofit was completed. Fully occupied at market rents, this property is an ideal candidate for immediate income, 1031 exchange, etc. Close proximity to Mt. Zion Medical Center, UCSF, Kaiser Permanente, public transit, parks, outstanding restaurants/coffee/bars, this pride of ownership building is ideally sited to remain an attractive draw for future tenants.
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