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Turnkey Investment

$1,900,000

28-32 Elgin Park, San Francisco, CA 94103

Active
Last Updated: 02/04/2025

5.9

Cap Rate

113,023

NOI

Details:
Cap Rate:    5.9%
NOI:    $113,023
Building Size:    3,392 sqft
Occupancy:    100%
Class:    A
Units:    4
GRM:    11.5
Description:

Discover an exceptional investment opportunity at 28-32 Elgin Park in San Francisco's vibrant Mint Hill neighborhood. This well-maintained multi-family property, built in 1908, comprises four turnkey units, each thoughtfully updated in recent years to blend historic charm with modern conveniences. Unit Configuration: The front building features three full-floor flats, each offering 2 bedrooms, while a charming, free-standing rear cottage provides additional living space. Modern Updates: All units have been recently renovated, ensuring a move-in-ready experience for tenants and maximizing rental potential. Spacious Layout: Collectively, the property boasts a generous 3,392 square feet of living space, providing comfortable accommodations across all units. Prime Location: Situated near the Valencia Corridor, Hayes Valley, and Market Street, residents enjoy easy access to a plethora of shopping, dining, and transportation options. Historic Appeal: Period details such as high ceilings and classic architectural elements have been preserved, adding to the property's unique character. The property presents a compelling opportunity for investors seeking a stable income stream and is poised to attract discerning tenants and provide long-term value

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28-32_Elgin_Park_OM.pdf
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Today's Available Mortgage Rates

28-32 Elgin Park, San Francisco, California 94103

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/20/2025
AgencyLender #591
5 Year Fixed
30 Year Amortization
Interest rate 5.73% 5 Year Fixed
Mo. Payment$6,970 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 63% LTV $10,000 Lender fees
Loan Amount $1,197,000 Loan Amount
AgencyLender #592
7 Year Fixed
30 Year Amortization
Interest rate 5.92% 7 Year Fixed
Mo. Payment$5,986 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $10,000 Lender fees
Loan Amount $1,007,000 Loan Amount
AgencyLender #592
10 Year Fixed
30 Year Amortization
Interest rate 5.98% 10 Year Fixed
Mo. Payment$6,025 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $10,000 Lender fees
Loan Amount $1,007,000 Loan Amount
Largest Commercial Real Estate Lending
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