Agent Photo
Barbara Mitchell
  • Lic.# 01963881
Golden Gate Sotheby's International Realty
Golden Gate Sotheby's International Realty home
United StatesCaliforniaSan FranciscoMid MarketDistinctive 34-unit building South of Market!

64-68 6th Street, San Francisco, California, San Francisco County, 94103

$3,590,000
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$3,590,000
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33
Bedrooms
11
Full Baths
8,712 Sq Ft.
Interior
.06 Acres
Exterior
Other Residential Homes
Property type
1910
Year Built
GYQ52K
Web Id
SF424006975
MLS ID
San Francisco Unified
School District

64-68 6th Street

Opportunity knocks! PRICE DROP! Distinctive 34-unit with full basement building with pride of ownership and great tenant profile. This mixed-use south of Market property combines opportunity and upside. Commercial units NOW FULLY LEASED! An attractive option for investors looking for a balanced steady income producing asset. 32 Residential dorm-style single room occupancy (SRO) Units. Most rooms upgraded with tons of opportunity for additional upgrades. Three floors of units— each floor is complete with shared bathroom and showers. Two commercial units: commercial unit (#66) leased to Thrasher Skateboard Company, $200k in upgrades; commercial unit (#68) leased to corner grocery store business, $400k in upgrades including ADA compliant bathroom. Full basement (vacant) with usage TBD. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must see. Don't miss this opportunity! CAP Rate NOW 4.72% and GRM NOW 14.20 ; Pro Forma CAP Rate 8.51 and GRM 9.27. Dynamic SoMa location on 6th! Corner building near downtown. Shopping, BART, MUNI, cafes, restaurants, night spots, social services all here. Immersed in many NEW buildings and neighborhood features. Opportunity to create a trophy building.

features

Style
Traditional

Property Feature

Age
Over 50 Years Old
Barbara Mitchell
Barbara Mitchell
  • Lic.# 01963881
3605 Shoreline Highway
PO Box 66, Stinson Beach, California, Marin County, 94970
Contact Agent
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