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Additional details
Listed by Adam D Filly Compass Commercial
$1,975,000
Est. payment /mo
8 Beds
4,950 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,950 sqft
Price per Sqft $398
MLS Listing ID 425046252
Bedrooms 8
HOA Y/N No
Year Built 1980
Lot Size 2,550 Sqft
Acres 0.0585
Property Sub-Type Multi Family
Property Description
1650 Baker Street is a six-unit mixed-use building in Lower Pacific Heights. Situated at the corner of Pine Street, this boutique asset has much to offer. Four of the apartments are bright and spacious layouts with high-ceilings, hardwood floors, and loads of charm. The fifth apartment is a ground level two-bedroom unit with a private entrance from the street. The apartments and common areas have been nicely maintained and updated, providing a welcoming home for tenants. There is a one-car garage accessed on Baker Street. The units are separately metered for gas and electricity. The electrical panels have been recently updated to meet current insurance requirements. The laundromat signed a 5 year lease that has an initial term that expires in December, 2028. Tenant has a 5 year extension option. There is approximately 70% upside in the current rents, providing investors with the ability to purchase a corner asset at an entry level price point.
Location
State CA
County San Francisco
Area Sf District 6
Interior
Fireplace No
Exterior
Total Parking Spaces 1
Building
Lot Description None
New Construction No
Others
Tax ID 1048028
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