For Sale

Listed by HOWARD RAN

Source: San Francisco Association of REALTORS #423910597

13641368 47th Avenue, San Francisco, CA, 94122

$1,800,000

3100 sq. ft.
3000 sq. ft.

MultiFam

30+ days on the market

What's around 13641368 47th Avenue

About this property

Excellent income generating 5-unit property located in the Outer Sunset neighborhood of San Francisco, which is known for its laid-back atmosphere and proximity to the beach. A few blocks from Golden Gate Park, Ocean Beach, and Judah's main commercial corridor. There are two buildings on the lot which have a total of (1) Studio, (3) 1 Bedroom 1 Bathroom, (1) 2 bedroom 1 bathroom. The property is offered at a 4.5% cap rate (14.8 GRM), 6.9% Proforma cap rate (10.6 GRM), $360k/Unit, & $581/SF. This property generates great cash flow from day 1 while also having great upside potential due to rental upside. There is also potential upside to raising tenants' banked rents for stronger cashflows. This is a unique opportunity to purchase a large well-maintained, low-expense building with strong upside potentials in a highly desirable location. Disclosure Package & OM: https://app.disclosures.io/link/13641368-47th-Ave-t0px1ho0

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