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Listed by Cris Lamas Urban Capital SF
$2,495,000
Est. payment /mo
4 Beds
10,160 SqFt
Open House
Tue Sep 16, 9:00am - 11:00am
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,160 sqft
Price per Sqft $245
MLS Listing ID 425071322
Bedrooms 4
HOA Y/N No
Year Built 1908
Lot Size 4,055 Sqft
Acres 0.0931
Property Sub-Type Multi Family
Property Description
1627-1631 Clay Street is a 16-unit apartment building centrally located between Polk and Larkin Streets in Nob Hill. Built in 1908, the property consists of one (1) expansive 3,800 square foot, 6 bedroom 5 bath renovated apartment unit, one (1) private 3 room guest-room with a private bath, along with fourteen (14) SRO rooms split between the third and fourth floors with two shared water closets, showers, and renovated kitchens on each level. The property has been seismically retrofitted, and is in compliance with the sleep area fire alarm ordinance. Several of the SRO units have been recently updated and are equipped with in-room kitchenettes, and private baths. Spanning 10,160 square feet, the property offers significant growth potential with over 45% rental upside, while benefiting from stable in-place returns.
Location
State CA
County San Francisco
Area Sf District 8
Zoning RM3
Interior
Fireplace No
Building
Lot Description Garden, Shape Regular, Sidewalk
Sewer Public Sewer
Water Public
New Construction Yes
Others
Tax ID 0621021
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