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For Sale

$4,900,000

381 Turk Street, San Francisco, CA 94102

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Last Updated: 09/26/2024

6.43

Cap Rate

13,957 sqft

Building Size

Details:
Cap Rate:    6.43%
Building Size:    13,957 sqft
Lot Area:    6,150 sqft
Units:    32
GRM:    9.46
Year Built:    1915
Price Per Sqft:    $408
Price Per Unit:    $178,125
Zoning:    RC-4
Floors:    3
Description:

Rare opportunity to acquire a stabilized asset at 6.43% cap rate and a significant discount to replacement cost.
The unit mix consists of 29 - Studios and 3 - one bedroom/1 bath units (7 of the units have been remodeled).
Significant capital improvements & complete soft story retrofit by prior ownership.
Abundant restaurant and shopping options in the areas of Union Square, Polk Street, Civic Center, Market Street & Van Ness Avenue.
Plenty of public transit systems (Bart & Muni) easily accessible at Powell & Civic Center/UN Plaza station.

Map:
Documents:
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381_Turk_St_OM.pdf
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Location
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