Offered at: $1,600,000
This fully detached four flat Victorian era building has been in the same family for generations. With four separate entrances, an abundance of aesthetic appeal, and one or two of the apartments being delivered vacant at closing, this extraordinary investment opportunity is well suited for one or more owner occupant(s), yet equally well suited for savvy investors that will find value wherever they look. The premier location combines the charm of a historic, tree lined street, with the convenience of city living at its best. Shopping, dining, and public transportation are at your doorstep; making the four flats at 260-266 Clinton Park one of the very best income property investments available in San Francisco.
- Gross Income: $122,694.12 (see offering memorandum)
- CAP Rate: 4.11% (see offering memorandum)
- Gross Rent Multiple: 13.04 (see offering memorandum)
- $408 per Square Foot
- 3,918 Square Feet (per draftsperson), on a rectangular 2,848 Square Foot Lot; 38' frontage x 75' depth (per tax records)
- Fully detached and gated four flat Victorian Era residential building, on a picturesque and historic tree lined street just blocks from Mission Dolores.
- Washer and dryer in each unit.
- Vacant top floor apartment with updated kitchen, and bathroom, and smart home technology, perfectly suited for an owner occupant.
- Second top floor apartment may also be vacant by the close of escrow (per seller).
- Two separate garages of 566 SqFt and 380 SqFt.
- Five garden level storage rooms, with separate entrances, accessible via breezeways on either side of the building. With a total of 710 SqFt of storage room space on the garden levels plus a total of 946 SqFt of garage space; the potential for additional dwelling units (ADUs) abounds.
- At the intersection of four of San Francisco’s trendiest and most popular neighborhoods: Mission Dolores, The Castro, Duboce Triangle and Hayes Valley.
- In the immediate vicinity of grocery stores, shops, boutiques, restaurants, bars, cafes, playgrounds, dog parks, and more.
- Near SFMuni bus and streetcar lines with direct access to the Financial District and Downtown.