2843 Webster Street

Description

The 3-story property is a mix of nine (9) 1BR/1BA units, three (3) 2BR/1BA units, and three (3) studios. A studio and a 1-bedroom unit will be delivered vacant upon close of escrow. Many units have incredible views of San Francisco Bay and the city; the units on the top floor have breathtaking panoramic views. All units have abundant natural light through large east/west-facing windows. The property features laundry facilities, parking with carports in the back for a total of 15 parking spaces, a rooftop patio with stunning views, an elevator, and separate gas/electric meters. Recent building system upgrades include a new fire alarm system in 2021, soft story retrofit in 2018, and a new roof in 2011. The property's outstanding location is its best feature; the Cow Hollow district offers the finest lifestyle in all of San Francisco. The property is just steps from Union Street, an upscale retail corridor with some of the best restaurants and retailers in the city. It is also only a short walk away from the Marina, the Presidio, and Fort Mason, and other retail destinations like Fillmore Street and Chestnut Street. The investment appeal of this property is its irreplaceable location at the top of Cow Hollow, well-maintained condition, and significant upside potential (73% upside).