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Listed by Ismael Benhamida • Compass
$ 4,400,000
Est. payment | /mo
5,697 SqFt
$ 4,400,000
Est. payment | /mo
5,697 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,697 sqft
Price per Sqft $772
MLS Listing ID ML82028503
HOA Y/N No
Year Built 1960
Lot Size 2,844 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Turnkey 5,697 SqFt 5-plex w/ $1.1M+ freshly completed renovation. Current Gross Rent: $27,892/month. Near AI & tech companies. (2) large 6-bed/4-bath units (1682 SqFt & 1434 SqFt @ $11,525 & $7,435/month), (1) 3-bed/2-bath unit (796 SqFt @ $4,815/month), & (2) 1-bed/1-bath units (427 SqFt @ $4,180 and 768 SqFt @ $1,117/month). New luxurious & furnished roof top deck. Each unit has a vaulted ceiling, large kitchen & living room, & washer/dryer. Multi-year renovation project started in 2019- new electrical wiring & 400 amp service w/ new panels, gas, copper plumbing, paint, roof, & hallway finishes. The unit interiors were fully renovated with new walls & ceilings, subfloors, plank flooring, LED lighting, dual pane windows & doors. High-end kitchens appointed with new quartz counters, cabinets, & appliances. Bathrooms have new vanities, bathtubs, showers, & plumbing fixtures. No expense spared. Rent levels are commensurate w/ newer construction properties. Tenants are high income & credit score professionals. No past due rent or tenant disputes. Tenants reimburse for water, sewer, trash. The best-in-class renovations, management ease, convenient location, & strong in-place income make 1454 S Van Ness Avenue a great opportunity for both the cash-flow & appreciation minded investor.
Location
State CA
County San Francisco
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Appliance Refrigerator
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