64 6th Street, San Francisco, CA 94103

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$3,590,000

bedrooms

bathrooms

square feet

8,712

Acreage

0.0551

Open Houses

year built

1910

Full Baths

Half Baths

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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 + 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 w/tons of opportunity for additional upgrades. Three floors of units - each floor is complete with shared bathroom and showers. 2 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.

Location
Subdivision	-
County	San Francisco
Elementary School	-
Middle School	-
High School	-

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MLS number: 424006975

Listing agent: Malin P Kansal #DRE #01916482

Listing broker: Golden Gate Sotheby's International Realty (650) 348-0222

Last update: Monday, September 2 2024 at 10:46 a.m. EDT

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