Sold
1038 Guerrero ST
SAN FRANCISCO CA, 94110
$3,725,000
$561.84 per sqft
Sold
6,630 sqft
Multi-family
Built in 1908
Listed by Coldwell Banker Realty, Kay Stenn, Listing Contact: 6502242222
Prime 8-unit multi-family two buildings on one lot with an excellent tenant profile. Located on a sought-after block in highly desirable Mission Delores area with a short stroll to sunny Mission Dolores Park or BART. True turn-key property consisting of seven 1-bedroom/1-bath units each approximately 800sf and one 2-bedroom/2-bath unit. Capital improvements include exterior painting, most recent unit remodeled kitchen, bedroom, and bath 2019 and full seismic soft story retrofit 2016. Seven units feature split bath/toilet for privacy, hardwood floors, gas appliances, lots of storage including bicycle hooks in the basement, and washer and dryer available to all. All units currently rented and the building averages 1% or less annual vacancy rate. While spanning over 6600 SF, this enclave offers a tremendous income opportunity for investors of >$240K per year and CAP rate of ~4.5% and well-maintained building with low expenses. Both pest inspections and building inspections are available.
ML81811559
MLSⓇ ID
March 9, 2024
Updated
Map
1038 Guerrero ST
SAN FRANCISCO CA, 94110
Interior Features
Interior Features
Hardwood, Laminate, Tile
Appliances
Dishwasher, Refrigerator, Microwave, Oven, Range
Floor Description
Hardwood, Laminate, Tile
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.08 Acres
Architectual Style
Victorian
Sewer
Public Sewer
School Information
School District
1863
Other Property Details
Area Name
5 - Noe Valley
Garage
No
View
No
County
San Francisco
Water Source
Public
Pool
No
Zoning
RM1
Listed by Coldwell Banker Realty, Kay Stenn,
Listing Contact: 6502242222
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aladdin Kanawati shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Aladdin Kanawati are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.
©2024 MLS Listing, Inc. All rights reserved. 2024
Data last updated 9:57 PM UTC, 3/9/2024