See all 95 photos
$4,400,000
Est. payment /mo
New
1454 S Van Ness AVE San Francisco, CA 94110
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82028503
HOA Y/N No
Year Built 1960
Annual Tax Amount $53,388
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
Zoning RM1
Interior
Heating Central
Fireplace No
Exterior
Roof Type None
Building
Water Public
Schools
School District San Francisco Unified
Others
Tax ID 6527037
Special Listing Condition Standard
Virtual Tour https://real.vision/my/1454-south-van-ness-avenue-5-2/tour

Listed by Ismael Benhamida Compass
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