677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
29
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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$2,475,000
Est. payment /mo
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1 Bath
7,047 SqFt
Price Dropped by $100K

677 Ellis ST San Francisco, CA 94109

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Vivian Chen

Vivian Chen

+1(415) 350-8864

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,047 sqft

Price per Sqft $351

MLS Listing ID ML82049753

Full Baths 1

Year Built 1908

Lot Size 2,284 Sqft

Property Sub-Type Five or More Units

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

Area 8 - Tenderloin

Zoning RC4

Interior

Heating Gas

Cooling None

Exterior

Parking Features No Parking

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 0335-018

Security Features None

Special Listing Condition Not Applicable

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Vivian Chen

Vivian Chen

Agent

+1(415) 350-8864

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677 Ellis ST

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