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Listed by Anh H Pham SkyGroup Realty Inc.
$ 1,799,000
Est. payment /mo
New
669 Ellis ST San Francisco, CA 94109
7,654 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,654 sqft
Price per Sqft $235
MLS Listing ID 426149887
Style Edwardian
HOA Y/N No
Year Built 1909
Lot Size 2,363 Sqft
Acres 0.0542
Property Sub-Type Multi Family
Property Description
Exceptional investment opportunity to acquire a professionally managed 14-unit studio apartment building in the heart of San Francisco. Situated near Union Square and the Mid-Market Corridor, the property benefits from its proximity to two of the city's premier destinations for tourism, entertainment, dining, and the thriving technology sector. The building features spacious studio apartments with soaring ceilings and classic bay windows that provide abundant natural light and enhance the character of each residence. Each unit has electric radiant heating and is individually metered for gas and electricity. The property has undergone capital improvements in recent years, resulting in updated living spaces that appeal to today's renters. Currently, three units are vacant, creating an immediate value add opportunity. Two vacant units are undergoing renovation, offering the next owner the ability to lease renovated units at market rents while continuing to upgrade the remaining vacancy. With a desirable central location, attractive architectural features, recent improvements, and meaningful rental upside, 669 Ellis Street presents an outstanding opportunity for investors seeking both immediate income potential and long-term appreciation in one of San Francisco's most dynamic rental markets.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Heating Radiant
Flooring Vinyl
Fireplace No
Window Features Bay Window(s)
Appliance Varies By Unit
Exterior
Utilities Available City
Roof Type Asphalt
Building
Lot Description Shape Regular, Zero Lot Line
Sewer Public Sewer
Water Public
Architectural Style Edwardian
New Construction No
Others
Tax ID 0335019
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
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