Description
669 Ellis Street is a professionally managed 14-unit apartment building. The property is located near Union Square and the Mid-Market Corridor, San Francisco's tourism and tech hubs. There have been many improvements in recent years including in-unit renovations. This offering represents a great investment opportunity for a buy and hold investor or 1031 exchange buyer. There is stable cash-flow and long-term upside potential in the property and in the neighborhood. The building is not subject to the Soft Story retrofit ordinance. Gas and electric service is separately metered and many tenants pay their own utilities through RUBS (Ratio Utility Billing System).
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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7,654SQFT
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$418$/SQFT
School Ratings & Info
Description
669 Ellis Street is a professionally managed 14-unit apartment building. The property is located near Union Square and the Mid-Market Corridor, San Francisco's tourism and tech hubs. There have been many improvements in recent years including in-unit renovations. This offering represents a great investment opportunity for a buy and hold investor or 1031 exchange buyer. There is stable cash-flow and long-term upside potential in the property and in the neighborhood. The building is not subject to the Soft Story retrofit ordinance. Gas and electric service is separately metered and many tenants pay their own utilities through RUBS (Ratio Utility Billing System).
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