677 Ellis Street, San Francisco, CA 94109
677 Ellis Street, San Francisco, CA 94109
677 Ellis Street, San Francisco, CA 94109
677 Ellis Street, San Francisco, CA 94109
677 Ellis Street, San Francisco, CA 94109
677 Ellis Street, San Francisco, CA 94109
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$ 2,475,000
Est. payment | /mo

7,047 SqFt


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$ 2,475,000
Est. payment | /mo
Save

7,047 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,047 sqft

Price per Sqft $351

MLS Listing ID ML82049753

HOA Y/N No

Year Built 1908

Lot Size 2,284 Sqft

Property Sub-Type Other

Property Description

677 Ellis Street presents a rare opportunity to acquire a fully renovated, turnkey 14-unit apartment building in the heart of San Francisco. Comprised of fourteen studio residences, the property offers investors an attractive 6.83% current CAP rate with stable in-place income and minimal deferred maintenance. Recent capital improvements include brand-new electrical throughout the building, while the units have been extensively renovated with high-end designer finishes, creating a modern living experience that appeals to today's urban renter. This is an ideal opportunity to own a quality, low-maintenance asset in one of San Francisco's most supply-constrained rental markets at only $176,000 per unit!

Location

State CA

County San Francisco

Zoning RC4

Interior

Heating Natural Gas

Cooling None

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 0335018

Bridge MLS
Listed by Eymon Binesh • Marcus & Millichap

Nearby Locations

GET MORE INFORMATION

Patrick Nagel
Patrick Nagel

REALTOR® Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA 94602

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677 Ellis Street