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    4740 Balboa Street

    San Francisco, CA 94121
    • $11,000,000
    • STATUS: Active
    • ON SITE: 98 days
    • MLS #: 500302
    UPDATED: 66 min ago
    $11,000,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,659
      SQFT
    • $702
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Exceptionally well maintained Outer Richmond Apartment Bldg close to the Cliff House, Ocean Beach, the Great Highway & Golden Gate Park. Consists of 9 junior studios, 20 studios, 5 junior 1 bedrooms and 1 one bedroom (over 50% of the units have unobstructed ocean views).Close to convenient shopping and a Safeway store at the corner of La Playa & Cabrillo. Almost $3 million in capital improvements (over 50% of the units have been renovated with extensive structural upgrades). Attractively priced at $314,000 per unit with both cash flow and upside potential on the remaining 50% of the units as they turn, offering a double digit cash on cash return in the future.

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    © 2020 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 2020-09-30T13:19:55.193.
    www.sfhothomes.com/homes/107132515
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    4740 Balboa Street San Francisco, CA 94121

    • Price: $11,000,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 500302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    15,659
    SQFT
    $702
    $/SQFT
    1928
    Built
    Neighborhood:
    Outer Richmond
    County:
    San Francisco
    Area:
    Outer Richmond
    Property Description
    Exceptionally well maintained Outer Richmond Apartment Bldg close to the Cliff House, Ocean Beach, the Great Highway & Golden Gate Park. Consists of 9 junior studios, 20 studios, 5 junior 1 bedrooms and 1 one bedroom (over 50% of the units have unobstructed ocean views).Close to convenient shopping and a Safeway store at the corner of La Playa & Cabrillo. Almost $3 million in capital improvements (over 50% of the units have been renovated with extensive structural upgrades). Attractively priced at $314,000 per unit with both cash flow and upside potential on the remaining 50% of the units as they turn, offering a double digit cash on cash return in the future.
    Exterior Features

    Exterior Stucco Foundation Concrete Indep Parking Spaces 0 Lot Measurement Sqft Lot Square Footage 5009.00 Parking Spaces 0 Roof Bitumen Style Traditional Tandem Parking Spaces 0 Views Ocean

    Interior Features

    Commercial Units 0 Floors TileLinoleum Furnished Units 0 Heating Cooling ElectricSteamBaseboard Heaters Laundry Appliances Coin OperatedAppliances-Leased One Bedroom Units 6 Possible Bedrooms 0 Rooms 63 Studio Units 29 Three Plus Bedroom Units 0 Two Bedroom Units 0 Vacant 2

    Property Features

    Actual Or Scheduled Actual Construction Wood Frame Cross Street Address 48th Avenue District Sf District 1 Est Gross Income 755974 Est Total Expenses 310244.00 Property Subtype 31 - 49 Units Scope Of Service Limited Service Separate Meters GasElectricity Special Listing Conditions None Square Footage Source Per Architect Type 5+ Story Unconfirmed Coop Fee 0.00 Zoning Rm1

    Listing provided courtesy of James Devincenti of Colliers International.


    © 2020 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 2020-09-30T13:19:55.193.
     
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    San Francisco CA, 94109