Description
We are pleased to bring to market a fantastic opportunity to own a six-unit corner mixed use property located at 3464 19th Street. The property is in an unbeatable location just steps from Valencia Street and only a few blocks from Dolores Park. The property consists of Five three bedroom one-bathroom apartments as well as a beautiful downstairs bar currently managed by the Pumpjack group, Called Wild hawk. The property has been owned by the same family for generations. The seismic retrofit to the property was completed in 2015 and the back stairs for the apartments of the property were repaired in 2017. 3464 19th Street is a spectacular opportunity for an investor to purchase an investment with a stellar ground floor bar tenant, and apartments with 60% upside in rents to make a long term hold very attractive. Current Cap rate is 3.06 and GRM is 17.93
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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7,510SQFT
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$406$/SQFT
School Ratings & Info
Description
We are pleased to bring to market a fantastic opportunity to own a six-unit corner mixed use property located at 3464 19th Street. The property is in an unbeatable location just steps from Valencia Street and only a few blocks from Dolores Park. The property consists of Five three bedroom one-bathroom apartments as well as a beautiful downstairs bar currently managed by the Pumpjack group, Called Wild hawk. The property has been owned by the same family for generations. The seismic retrofit to the property was completed in 2015 and the back stairs for the apartments of the property were repaired in 2017. 3464 19th Street is a spectacular opportunity for an investor to purchase an investment with a stellar ground floor bar tenant, and apartments with 60% upside in rents to make a long term hold very attractive. Current Cap rate is 3.06 and GRM is 17.93
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