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935 Geary Street

San Francisco, CA 94109
  • $15,900,000
  • STATUS: Active Under Contract
  • ON SITE: 265 Days
  • MLS #: 422692230
Under Contract
UPDATED: 40 min ago
$15,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 44,440
    SQFT
  • $358
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Description

35 Geary Street is a well-maintained 10 story concrete and steel building. Located on Geary Street between Larkin and Polk this building contains 113 efficiency studios each with their own private bathroom, 4 studio apartments, a one-bedroom townhouse-style apartment, and approved plans to construct an additional studio apartment. There is also a laundry room, 2 leasable office spaces, and a 4 car garage. The full basement could be upgraded and leased for additional income as storage units. Currently the building is 70% occupied with 30% of the units vacant which provides significant upside potential for an investor. Some of the vacant units will require renovations prior to renting. This building is perfectly located close to transportation, the new CPMC Hospital on Van Ness, Union Square and downtown.

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© 2023 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 2023-05-29T13:20:00.757.
www.sfhothomes.com/homes/132819149
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935 Geary Street San Francisco, CA 94109

  • Price: $15,900,000
  • Status: Active Under Contract
  • On Site: 265 Days
  • Updated: 40 min ago
  • MLS #: 422692230
0
Beds
0
Baths
0
½ Baths
N/A
Acres
44,440
SQFT
$358
$/SQFT
1927
Built
Neighborhood:
Downtown
County:
San Francisco
Area:
Sf District 8
Property Description
35 Geary Street is a well-maintained 10 story concrete and steel building. Located on Geary Street between Larkin and Polk this building contains 113 efficiency studios each with their own private bathroom, 4 studio apartments, a one-bedroom townhouse-style apartment, and approved plans to construct an additional studio apartment. There is also a laundry room, 2 leasable office spaces, and a 4 car garage. The full basement could be upgraded and leased for additional income as storage units. Currently the building is 70% occupied with 30% of the units vacant which provides significant upside potential for an investor. Some of the vacant units will require renovations prior to renting. This building is perfectly located close to transportation, the new CPMC Hospital on Van Ness, Union Square and downtown.
Exterior Features

Independent Parking Spaces 0 Lot Features Sidewalk Parking Features AttachedGarageGarage Door Opener Parking Total 6 Tandem Parking Spaces 0

Interior Features

Rooms Total 120 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 8.96 Number Of Units Vacant 42 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 117 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 Charles Post of Post Real Estate Advisors: .


© 2023 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 2023-05-29T13:20:00.757.
 
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EXP Realty
75 Broadway Suite #202
San Francisco CA, 94111