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622 Jackson Street

San Francisco, CA 94133
  • $2,795,000
  • STATUS: Active
  • ON SITE: 168 Days
  • MLS #: 421565294
Price Reduced
$2,795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,517
    SQFT
  • $328
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Description

Exceptional investment opportunity to acquire an historic mixed-use building in the heart of Chinatown. Located on Jackson Street, just around the corner from Portsmouth Square, the property consists of an award-winning restaurant on the ground floor and a top floor residential component consisting of 11 single-room units and 1 double-room unit, with 2 shared bathrooms and 2 shared showers and a shared kitchen. The building operates with very low expenses, as the commercial tenant is responsible for a significant portion of CAM expenses, while the residential units have electric wall heat and are separately metered. Commercial tenant in 2022, has 1 five-year option with 4% increases that has not been optioned. The property is next door to Chinatown's Great Star Theater, which was recently reopened after an extensive renovation, and will showcase live performances for the community. Offering Memorandum and As-Builts can be found in the Documents section above on the righ

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© 2021 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 2021-12-04T00:21:08.2.
www.sfhothomes.com/homes/118488683
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622 Jackson Street San Francisco, CA 94133

  • Price: $2,795,000
  • Status: Active
  • On Site: 168 Days
  • MLS #: 421565294
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,517
SQFT
$328
$/SQFT
1907
Built
Neighborhood:
Financial District/B
County:
San Francisco
Area:
Sf District 8
Property Description
Exceptional investment opportunity to acquire an historic mixed-use building in the heart of Chinatown. Located on Jackson Street, just around the corner from Portsmouth Square, the property consists of an award-winning restaurant on the ground floor and a top floor residential component consisting of 11 single-room units and 1 double-room unit, with 2 shared bathrooms and 2 shared showers and a shared kitchen. The building operates with very low expenses, as the commercial tenant is responsible for a significant portion of CAM expenses, while the residential units have electric wall heat and are separately metered. Commercial tenant in 2022, has 1 five-year option with 4% increases that has not been optioned. The property is next door to Chinatown's Great Star Theater, which was recently reopened after an extensive renovation, and will showcase live performances for the community. Offering Memorandum and As-Builts can be found in the Documents section above on the righ
Exterior Features

Construction Materials BrickConcrete Independent Parking Spaces 0 Lot Features None Parking Total 0 Tandem Parking Spaces 0

Interior Features

Flooring Linoleum Heating ElectricSeparate Rooms Total 0 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 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 8.91 Number Of Units Vacant 2 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Mixed Use Unit Type Commercial Units Total 1 Unit Type Studio Units Total 12 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 0 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

Listing provided courtesy of Matthew Sheridan of Ara Cal, Inc..


© 2021 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 2021-12-04T00:21:08.2.
 
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