2828 Geary Blvd. (APN 1069-016) and 2824 Geary Blvd. (APN 1069-015) are adjoining buildings which are being sold together totaling 12 units. Attractively priced at 6.4% Cap Rate, 10.7 GRM, $396/ft. 2828 Geary consists of 6 apartment units and 1 commercial space. 2824 Geary consists of 4 apartment units, 1 commercial space, and 2 car tandem parking. 6 out of 10 apartments have been updated with new kitchens, bathrooms, and in-unit laundry. The soft story retrofit has not been completed. Approved permits are available. Each building has a vacant bonus room which may be considered for ADU conversion.
Features
10 bedrooms
5 bathrooms
directions_car2 carspaces
directions_car1 garage space
9489 sq. ft. floor area
crop_free2456.78 sq. ft. lot size
cottageOther
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