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Paolo Ocampo

paoloocampo.re@gmail.com +1(510) 736-3886

Listed by Eymon Binesh • Marcus & Millichap

$2,475,000

Est. payment - /mo

7,047 SqFt

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UPDATED:

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

Source Datashare MLSListings

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

Interior

Heating Natural Gas

Cooling None

Fireplace No

Building

Water Public

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Paolo Ocampo

+1(510) 736-3886

Agent | CA BRE #02127190

Agent CA BRE #02127190

677 Ellis Street San Francisco, CA 94109

Paolo Ocampo

Key Details

Location

Interior

Building

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