1046-1050 Pacific ave
San Francisco, CA 94133
The 9 unit property is located in the highly coveted Nob Hill district of San Francisco. Centered on Huntington Square, Nob Hill is one of San Franciscoâs signature neighborhoods renowned for its city landmarks, cable cars, and famous hotels. The property has recently undergone significant renovation. Six of the units, including both top floor units will be delivered vacant providing for superior income potential. With a sales price of $4,500,000, the property has a CAP rate of 5.16% and GRM of 14.62 (assuming vacant units are rented at market rents).This is 9-unit property with three units on Pacific Avenue and six on Salmon Street: The Pacific Avenue units are all two bedroom/one bath with Brazilian Walnut flooring throughout and professionally scheduled recess lighting. The kitchens have custom lacquer cabinets, granite counters and upgraded appliances. Bathrooms have custom limestone and sand-blasted bathroom tub and shower. All units have city views, while the Penthouse also has spectacular views of the Bay. The units have a security entrance system, same floor private laundry and access to the deck with panoramic views.The Salmon Street units consist of two 2bed/1bath units, two 1bed/1bath units, a 1bed/1bath Commercial unit and a 1bed/1bath Guest Room. The top two units have amazing views and a similar level of finish to the Pacific Avenue units. All units have access to the deck.(The information, while not guaranteed, has been secured from sources we believe to be reliable. The prospective buyer should verify the items of information herein subject to change or withdrawal). Details »
14 Bedrooms
9.00 Bathrooms
6167 Square Feet
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Olga Milan-Howells | Real Estate Agent | 415-756-4455
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