Compare Listings

$4,698,000 - Br/Ba -  for Sale in San Francisco
: 900093
Price: $4,698,000
Units: 8
Property Type: 5+ Units
Status: Active
Year Built: 1908
Days on Website: 2

Courtesy of Kay Stenn, Coldwell Banker Realty.

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

Property Details and Features

  • Listing
  • Source: San Francisco
  • Month to Month
  • 1 Year
  • Appliances and Equipment
  • Carpet
  • Oven/Range Built-In
  • Oven/Range Freestand
  • Refrigerator
  • Garbage Disposal
  • Dishwasher
  • Fire Sprinklers
  • Basement
  • Unfinished
  • Storage Area
  • House
  • 6630.00 square feet
  • 7 1-bedroom units
  • 1 2-bedroom unit
  • 2 buildings
  • 24 rooms
  • 3 stories
  • 8 total units
  • Built in 1908
  • Wood Frame
  • Victorian
  • Exterior Features
  • Wood Siding
  • Floors
  • Partial Hardwood
  • Tile
  • Linoleum
  • Simulated Wood
  • Foundation
  • Concrete Perimeter
  • Pillars/Posts/Piers
  • Heating & Cooling
  • Gas
  • Electric
  • Hot Water
  • Wall Furnaces
  • Laundry
  • In Common Area
  • Location
  • Area: Noe Valley
  • County: San Francisco
  • Lot
  • Lot is 3,584 square feet
  • Lot dimensions: 117.5 x 30..5
  • Income
  • Estimated gross income: $243,204
  • Expenses
  • Estimated total expenses: 31312.00
  • Miscellaneous
  • Patio(s)
  • Smoke Alarm(s)
  • Security Gate
  • Owner Pays
  • Property Taxes
  • Water
  • Garbage Collection
  • Maintenance/Repairs
  • Insurance
  • Parking
  • 1 independent parking space
  • 1 parking space
  • Attached
  • Garage
  • Property
  • Property subtype 1: 5 – 15 Units
  • City Lights
  • Hills
  • Roof
  • Bitumen
  • Tenant Pays
  • Gas
  • Electricity
  • Cable TV
  • Utilities
  • Water
  • Gas
  • Electricity

Property Map

$4,698,000 – 1038 1042 Guerrero Street, San Francisco, CA 94110

Street View

Mortgage Calculator

  • This field is for validation purposes and should be left unchanged.
  • This field is for validation purposes and should be left unchanged.