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Apartments For Sale • 5,814 SF
| Strong Current Cash Flow: The property generated $118,785 in net income (2024) with stable occupancy, offering a foundation for immediate cash flow. |
| Below-Market Rents: Units lease are well below comparable market rates, creating upside through rent adjustments. |
| Lease Renewal Potential: Multiple tenants pay below-market rates under outdated agreements, allowing rent resets to align with current market rents. |
| Controlled Expenses: 2024 operating costs included one-time upgrades like a $4,200 intercom installation, minimizing future capital needs. |
| Utilities Included: Owner covers utilities for most units, streamlining management and enabling rent increases to reflect full market value. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| San Francisco 4th & King (Caltrain - Caltrain (Caltrain)) | 5 min | - | 1.7 mi |
| 5 min | - | 1.7 mi | |
| Transit/Subway | Drive | Walk | Distance |
| California and Leavenworth (California Street Cable Car - San Francisco Municipal Railway (MUNI Metro)) | 2 min | 3 min | 0.2 mi |
| California and Jones (California Street Cable Car - San Francisco Municipal Railway (MUNI Metro)) | 1 min | 4 min | 0.2 mi |
| California and Hyde (California Street Cable Car - San Francisco Municipal Railway (MUNI Metro)) | 2 min | 5 min | 0.3 mi |
| California and Taylor (California Street Cable Car - San Francisco Municipal Railway (MUNI Metro)) | 1 min | 6 min | 0.3 mi |
| California and Larkin (California Street Cable Car - San Francisco Municipal Railway (MUNI Metro)) | 2 min | 7 min | 0.3 mi |
| Airport | Drive | Walk | Distance |
| San Francisco International | 24 min | - | 14.7 mi |
| Metro Oakland International | 31 min | - | 19.6 mi |
| Norman Y Mineta San Jose International | 59 min | - | 46.3 mi |
