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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$2,998,000
Est. payment /mo
3 Beds
2 Baths
5,655 SqFt
New
674 Haight ST San Francisco, CA 94117
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,655 sqft
Price per Sqft $530
MLS Listing ID ML82048118
Bedrooms 3
Full Baths 2
Year Built 1890
Lot Size 2,750 Sqft
Property Sub-Type Five or More Units
Property Description
Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space within a  ±5,655 square foot building originally constructed in 1890. The property features spacious residential units averaging approximately $4,922 in current rents, with upside to market levels of approximately $5,620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2,998,000 ($599,600 per unit / $530 per square foot), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city's most desirable rental corridors.
Location
State CA
County San Francisco
Area 6 - Hayes Valley
Zoning NC1
Interior
Heating Electric
Cooling None
Exterior
Parking Features On Street
Utilities Available Public Utilities
Roof Type Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 0847-018
Security Features None
Special Listing Condition Not Applicable
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