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    216 4th Avenue

    San Francisco, CA 94118
    • $7,500,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 421565484
    UPDATED: 123 min ago
    $7,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,800
      SQFT
    • $507
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale the 12-unit apartment building at 216 4th Avenue in the excellent Inner Richmond District neighborhood of San Francisco. The cross street is California Street. It is close to Presidio, Sea Cliff, and Golden Gate Park. Public transit is very convenient. For the first time in over 40 years, 216 4th Avenue is on the market. The subject property is a nice apartment building constructed in 1904 and features 12 large apartment units and 4 parking garage spaces. The building size on tax record is 14,800 square feet, and lot size is 5,972 square feet. It's APN is 1430-043 and zoning is RH2. Five units will be delivered vacant, and seven units are tenant occupied. Tremendous upside potential for value-add or long term investors. Price per square foot is only $506.76 and current cap rate is 4.51% based on current market rent for vacant units.

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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 2021-07-27T00:20:22.883.
    www.sfhothomes.com/homes/118500303
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    216 4th Avenue San Francisco, CA 94118

    • Price: $7,500,000
    • Status: Active
    • Updated: 123 min ago
    • MLS #: 421565484
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    14,800
    SQFT
    $507
    $/SQFT
    1904
    Built
    Neighborhood:
    Sf District 1
    County:
    San Francisco
    Area:
    Sf District 1
    Property Description
    We are pleased to present for sale the 12-unit apartment building at 216 4th Avenue in the excellent Inner Richmond District neighborhood of San Francisco. The cross street is California Street. It is close to Presidio, Sea Cliff, and Golden Gate Park. Public transit is very convenient. For the first time in over 40 years, 216 4th Avenue is on the market. The subject property is a nice apartment building constructed in 1904 and features 12 large apartment units and 4 parking garage spaces. The building size on tax record is 14,800 square feet, and lot size is 5,972 square feet. It's APN is 1430-043 and zoning is RH2. Five units will be delivered vacant, and seven units are tenant occupied. Tremendous upside potential for value-add or long term investors. Price per square foot is only $506.76 and current cap rate is 4.51% based on current market rent for vacant units.
    Exterior Features

    Independent Parking Spaces 0 Lot Features Garden Parking Total 4 Tandem Parking Spaces 0

    Interior Features

    Rooms Total 62 Unit1 Approx Sq Ft 650 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 800 Unit2 Bedrooms 3 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 0 Number Of Units Vacant 5 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 5 Unit Type3 Bedroom Units Total 2 Unit Type4 Bedroom Units Total 5 Unit1 Rent 2500 Unit2 Rent 3600 Unit2 Rent1 0 Unit4 Rent 0

    Listing provided courtesy of Ning Ho of Marcus & Millichap.


    © 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 2021-07-27T00:20:22.883.
     
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    San Francisco CA, 94109