677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
677 Ellis ST, San Francisco, CA 94109
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Scott D. Comstock

Scott D. Comstock

+1(559) 681-9500
Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$ 2,475,000
Est. payment | /mo

1 Bath

7,047 SqFt

Save
$ 2,475,000
Est. payment | /mo
Save

1 Bath

7,047 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,047 sqft

Price per Sqft $351

MLS Listing ID ML82049753

Full Baths 1

Year Built 1908

Lot Size 2,284 Sqft

Property Sub-Type Five or More Units

Property Description

677 Ellis Street presents a rare opportunity to acquire a fully renovated, turnkey 14-unit apartment building in the heart of San Francisco. Comprised of fourteen studio residences, the property offers investors an attractive 6.83% current CAP rate with stable in-place income and minimal deferred maintenance. Recent capital improvements include brand-new electrical throughout the building, while the units have been extensively renovated with high-end designer finishes, creating a modern living experience that appeals to today's urban renter. This is an ideal opportunity to own a quality, low-maintenance asset in one of San Francisco's most supply-constrained rental markets at only $176,000 per unit!

Location

State CA

County San Francisco

Area 8 - Tenderloin

Zoning RC4

Interior

Heating Gas

Cooling None

Exterior

Parking Features No Parking

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 0335-018

Security Features None

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
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Scott D. Comstock

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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677 Ellis ST