Properties

Comm Ri Multi-units 5+ For Sale

6,630 Sqft - 1038 Guerrero Street, SAN FRANCISCO, California 94110

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Property Description

Prime 8-unit multi-family two buildings on one lot with an excellent tenant profile. Located on a sought-after block in highly desirable Mission Delores area with a short stroll to sunny Mission Dolores Park or BART. True turn-key property consisting of seven 1-bedroom/1-bath units each approximately 800sf and one 2-bedroom/2-bath unit. Capital improvements include exterior painting, most recent unit remodeled kitchen, bedroom, and bath 2019 and full seismic soft story retrofit 2016. Seven units feature split bath/toilet for privacy, hardwood floors, gas appliances, lots of storage including bicycle hooks in the basement, and washer and dryer available to all. All units currently rented and the building averages 1% or less annual vacancy rate. While spanning over 6600 SF, this enclave offers a tremendous income opportunity for investors of >$240K per year and CAP rate of ~4.5% and well-maintained building with low expenses. Both pest inspections and building inspections are available.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81811559
Price : $3,900,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,630 Sqft
Year Built : 1908
Lot Area : 0.08 Sqft
Features
Heating System : Gas, Wall Furnace
View : Hills, Valley, City Lights
Address Map
Country : US
State : CA
County : San Francisco
City : SAN FRANCISCO
Zipcode : 94110
Street : Guerrero Street
Street Number : 1038
Floor Number : 0
Longitude : W123° 34' 35.5''
Latitude : N37° 45' 16.3''
MLS Addon
Office Name : Coldwell Banker Realty
Building Type : Other
Area : Noe Valley
Address : 1038 Guerrero Street
Cross Street : 22nd Street
LA1User Code : MLL5063692
LA1Agent First Name : Kay
LA1Agent Last Name : Stenn
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 8
Zoning : RM1
List $/SqFt : $0
Age : 112
Apx Lot Sq Ft : 3,584 Sqft
Type of Building : Apt Complex
Annual Taxes : $9,404
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
DISABLED FEATURES : Other, Disabled Bath Feat
EQUIPMENT ADDITIONAL : Tankless Water Heater
FLOORING : Tile, Laminate, Hardwood Floors
LOT DESCRIPTION : Regular
OPERATING EXPENSES : Insurance, Maintenance/repair, Accounting/legal, Trash Removal, Water
SOME UNITS HAVE : Updated Baths, Updated Kitchen, Dishwasher
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.37
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,698,000
Sold Price : $3,725,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 243204
Net Oper Income : 209460
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 461
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 16.04
Buyer Agent DRE Num. : 01390209
List Agent DRE Num. : 01985404
Filtered Address : 1038 Guerrero ST
LA1Agent License ID : 01985404
LA1Old Agent ID : 292844
LA1NRDS_ID : 191015890
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 3632-005
Showing : 24-Hour Notice Required
LO1Main Office ID : 71111
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 3725000
Address Search Number : 1038
Listing Agent : 278263
Listing Office : 71111
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 35
Input Date : 18/09/2020 21:52:13
Update Date : 29/09/2021 10:12:43
PhotoTimestamp : 23/09/2021 02:17:04
First Photo Add Timestamp :
List Date : 18/09/2020
Expire Date :
Pending Date : 24/07/2021
Closing Date : 21/09/2021
Status Date : 22/09/2021
Price Date :
Off Market Date : 24/07/2021
Status : Sold
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 309
Cumulative DOMLS : 309
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 850
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 980
Unit # 3 # of Bedrooms: 1
Unit # 3 Approx. SqFt: 550
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81811559
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 6,630 Sqft
$3,900,000
Agent info
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