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    1855 10th Avenue

    San Francisco, CA 94122
    • $9,495,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 421593106
    New On Site 6 Days Ago
    UPDATED: 42 min ago
    $9,495,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,077
      SQFT
    • $591
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    1855 10th Avenue is an 18 Unit apartment building in San Francisco's Inner Sunset neighborhood. This offering presents the rare opportunity for investors to purchase an institutional quality investment in San Francisco. The property has a balanced mix of 3bd, 2bd, and 1bd units, with 9 covered parking spaces and 9 uncovered. Eleven of the units have recently undergone high-quality remodels. The current owners have also made significant improvements, including a structural overhaul of the exterior balconies, soft-story seismic retrofit, a new 800 amp electrical service, improvements to the facade, and updated common areas. The apartments are separately metered for gas and electricity, and a RUBS system has been implemented for tenants to reimburse some utility costs. Rarely will you find a San Francisco apartment building improved to this high standard.

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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 2021-09-16T13:20:46.033.
    www.sfhothomes.com/homes/121289004
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    1855 10th Avenue San Francisco, CA 94122

    • Price: $9,495,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 421593106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    16,077
    SQFT
    $591
    $/SQFT
    1961
    Built
    Neighborhood:
    Inner Sunset
    County:
    San Francisco
    Area:
    Sf District 2
    Property Description
    1855 10th Avenue is an 18 Unit apartment building in San Francisco's Inner Sunset neighborhood. This offering presents the rare opportunity for investors to purchase an institutional quality investment in San Francisco. The property has a balanced mix of 3bd, 2bd, and 1bd units, with 9 covered parking spaces and 9 uncovered. Eleven of the units have recently undergone high-quality remodels. The current owners have also made significant improvements, including a structural overhaul of the exterior balconies, soft-story seismic retrofit, a new 800 amp electrical service, improvements to the facade, and updated common areas. The apartments are separately metered for gas and electricity, and a RUBS system has been implemented for tenants to reimburse some utility costs. Rarely will you find a San Francisco apartment building improved to this high standard.
    Exterior Features

    Architectural Style Contemporary Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features None Parking Features CoveredUncovered Parking Total 18 Roof Tar/Gravel Tandem Parking Spaces 0

    Interior Features

    Basement None Heating Baseboard Laundry Features In Common AreaVaries By Unit Rooms Total 57 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 3.9 Number Of Units Vacant 1 Property Sub Type 5 Or More Units Separate Meters ElectricityGas Special Listing Conditions None Subtype Description Apartments Tenant Pays ElectricityGas Unit Type Commercial Units Total 0 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 14 Unit Type2 Bedroom Units Total 3 Unit Type3 Bedroom Units Total 1 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit1 Type Apartment Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

    Listing provided courtesy of Adam Filly of Compass.


    © 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 2021-09-16T13:20:46.033.
     
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