Lower Nob Hill Mixed Use Investment
$1,875,000
926-932 Larkin Street 3230, San Francisco, CA 94109
For Sale
Multifamily
Active
Last Updated: 11/23/2024
3.76
Cap Rate
70,465.66
NOI
Details:
Cap Rate: 3.76%
NOI: $70,465.66
Building Size: 4,355 sqft
Lot Area: 2,070 sqft
Units: 11
Year Built: 1935
Zoning: RC-4
Floors: 3
Highlights:
- Average Occupancy Rate: 100.0
- Gross Income: $ 145133.52
- Max Contiguous Area: 0.0
- Age: Over 50 Years Old
- Lot Size: Under 1/2 Acre
- Sewer: City
- Water: City Water
Description:
Exceptional investment with 10 studio apartments and 1 commercial space. The property 4,553 SF of masonry consruction built in 1916, and seismically retrofitted in 2003, The property is zoned RC-4 and offers stability with 100% occupancy and substantial immediate banked rents available for the new owner to implement. Well maintained property by long time owner.
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