Bought with Adrian Yuen-Fung Chu • Specialty Corporation
$2,182,500
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407 Lyon ST San Francisco, CA 94117
6 Beds
5 Baths
4,975 SqFt
Key Details
Sold Price $2,182,500
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,975 sqft
Price per Sqft $438
MLS Listing ID ML81946526
Sold Date 12/15/23
Bedrooms 6
Full Baths 5
Year Built 1904
Lot Size 2,809 Sqft
Property Sub-Type Five or More Units
Property Description
Fully leased, 6 unit building located in the highly sought after San Francisco NOPA neighborhood. Priced at $2,250,000 with a 7.8% Cap Rate - this building is an excellent value in one of the city's best rental locations. Low operating expenses and immediate cash flow with potential for significant upside in rents. A mix of 1bd, 2bd, and 3bd units, these apartments are separately metered for gas and electricity. Near the Divisadero corridor, Panhandle and Golden Gate Park.
Location
State CA
County San Francisco
Area 6 - North Panhandle
Zoning RH3
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Off-Street Parking
Utilities Available Public Utilities
Roof Type Tar and Gravel
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 1198-007
Security Features None
Special Listing Condition Not Applicable
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Alan Canas
PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936