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599 Athens Street

San Francisco, CA 94112
  • $899,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 422666914
UPDATED: 29 min ago
$899,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $450
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Description

599 Athens Street is a corner mixed-use property (2 residential + laundromat) in San Francisco's Excelsior District. The property consists of one (1) 2-bedroom/2 bathroom unit and one (1) 1 bedroom/1 bathroom unit on the second floor - both of these units are currently leased. The ground floor is a launderette business - the tenant signed a 10-year lease in 2015 with 3% annual increases and has a 10-year option. The neighborhood is best known for its rich multicultural history with easy access to parks, public transportation, and a dynamic set of retail amenities nearby. The investment appeal of 599 Athens Street is its entry-level pricing plus significant upside potential in rents.

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© 2022 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 EXP Realty. Data last updated 2022-06-30T21:20:39.663.
www.sfhothomes.com/homes/129568178
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599 Athens Street San Francisco, CA 94112

  • Price: $899,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 29 min ago
  • MLS #: 422666914
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,000
SQFT
$450
$/SQFT
1927
Built
Neighborhood:
Excelsior
County:
San Francisco
Area:
Sf District 10
Property Description
599 Athens Street is a corner mixed-use property (2 residential + laundromat) in San Francisco's Excelsior District. The property consists of one (1) 2-bedroom/2 bathroom unit and one (1) 1 bedroom/1 bathroom unit on the second floor - both of these units are currently leased. The ground floor is a launderette business - the tenant signed a 10-year lease in 2015 with 3% annual increases and has a 10-year option. The neighborhood is best known for its rich multicultural history with easy access to parks, public transportation, and a dynamic set of retail amenities nearby. The investment appeal of 599 Athens Street is its entry-level pricing plus significant upside potential in rents.
Exterior Features

Independent Parking Spaces 0 Lot Features Shape Regular Parking Total 0 Tandem Parking Spaces 0

Interior Features

Rooms Total 8 Unit1 Approx Sq Ft 1100 Unit1 Bedrooms 2 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 450 Unit2 Bedrooms 1 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 2.07 Number Of Units Vacant 0 Property Sub Type Triplex Special Listing Conditions None Subtype Description Mixed Use Unit Type Commercial Units Total 1 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 1 Unit Type2 Bedroom Units Total 1 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 1385 Unit2 Rent 1135 Unit2 Rent1 927 Unit3 Type Store Unit4 Rent 0

Listing provided courtesy of Brian Leung of Compass Commercial.


© 2022 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 EXP Realty. Data last updated 2022-06-30T21:20:39.663.
 
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EXP Realty
75 Broadway Suite #202
San Francisco CA, 94111