Six (6) Unit Multi-Family Investment Opportunity

685 48th Avenue, San Francisco, CA

$1,795,000

Price

2.8%

Cap Rate

$51,027

NOI

Overview
Cap Rate
2.8%
NOI
$51,027
Building Size
4,002 sqft
Lot Area
2,857 sqft
Units
6
Year Built
1960
Price Per Sqft
$448.53
Description

The M|K|D Group is pleased to offer for sale this six (6) unit multi-family investment opportunity located at 685 48th Avenue in San Francisco's Outer Richmond. The property is being offered for sale for the first time in over 50 years. The building sits atop a cliff overlooking Ocean Beach. Four of the six units have spectacular ocean views. Underground parking and on-site laundry, this is a once in a lifetime opportunity.

The property is located in San Francisco's Richmond district and is proximal to the popular Balboa scene with great restaurants, retail and is just steps away from San Francisco's iconic Cliff House. This investment presents an excellent opportunity for an investor to capitalize on a densely populated area that continues to experience rapid rental growth.

Documents
Title
Offering Memorandum
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Location
Gallery