Description
620 Eddy St features a 35-unit multifamily property located in the City of San Francisco, CA in Downtown/Tenderloin district. The property is a four-story building containing 16,363 square feet situated on a 0.14 acre lot located on the corner of Larkin & Eddy street, not subject to the San Francisco Soft Story retrofit ordinance. Built in 1910, the unit mix is comprised of thirty (30) studios and five (5) one-bedroom/one-bath units. Most units have been lightly renovated with new flooring, granite counter tops and new paint upon turnover. While the current ownership has maintained strong in-place rents, there is vacancy for further upside potential by lease up at actual market rents the owner has achieved recently. The roof is flat tar & gravel within ten (10) years old, and there is a boiler with steam heating in each unit. The building is separately metered for gas & electric, while the owner pays water & garbage. This property is being sold in conjunction with 237 Leavenworth St.
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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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16,363SQFT
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$382$/SQFT
School Ratings & Info
Description
620 Eddy St features a 35-unit multifamily property located in the City of San Francisco, CA in Downtown/Tenderloin district. The property is a four-story building containing 16,363 square feet situated on a 0.14 acre lot located on the corner of Larkin & Eddy street, not subject to the San Francisco Soft Story retrofit ordinance. Built in 1910, the unit mix is comprised of thirty (30) studios and five (5) one-bedroom/one-bath units. Most units have been lightly renovated with new flooring, granite counter tops and new paint upon turnover. While the current ownership has maintained strong in-place rents, there is vacancy for further upside potential by lease up at actual market rents the owner has achieved recently. The roof is flat tar & gravel within ten (10) years old, and there is a boiler with steam heating in each unit. The building is separately metered for gas & electric, while the owner pays water & garbage. This property is being sold in conjunction with 237 Leavenworth St.
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