1364 47th Avenue, San Francisco
San Francisco Home For Sale
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
Property Details
Essential Information
-
- MLS® #:
- 423910597
-
- Price:
- $1,800,000
-
- Bedrooms:
- 5
-
- Bathrooms:
- 1.00
-
- Full Baths:
- 1
-
- Square Footage:
- 3,100
-
- Acres:
- 0.07
-
- Year Built:
- 1900
-
- Type:
- Residential Income
-
- Sub-Type:
- Multi Family
-
- Status:
- Active
Community Information
-
- Address:
- 1364 47th Avenue
-
- Area:
- SF District 2
-
- Subdivision:
- Outer Sunset
-
- City:
- San Francisco
-
- County:
- San Francisco
-
- State:
- CA
-
- Zip Code:
- 94122
Interior
-
- Interior Features:
- Storage, Vaulted Ceiling(s)
-
- Heating:
- Gas, Wall Furnace
-
- Cooling:
- None
-
- Stories:
- Three Or More
Exterior
-
- Lot Description:
- Court, Garden, Landscaped, Private
-
- Windows:
- Skylight(s)
Additional Information
-
- Date Listed:
- September 18th, 2023
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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. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.