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+14083423000
Intero Real Estate Services
555 2nd Street, San Francisco, CA 94107
- $3,750,000
- 6
- BD
- 3
- BA
- 4,600
- SqFt
- List Price
- $3,750,000
- Price Change
- ▼ $245,000 1790909633
- MLS#
- 426155197
- Property Type
- Multifamily
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft. of Residence
- 4,600
- Lot Size
- 1,999
- Region
- SF District 9
- Status
- ACTIVE
- County
- San Francisco
- Acres
- 0.05
- Year Built
- 1914
Property Description
Price Reduced by $145,000. Is there a better location when it comes to everything AI...? 555 2nd Street presents a compelling opportunity to acquire a high-yielding, 6.7 cap rate mixed-use asset in South Park. This is a 5.2% cash-on cash investment opportunity with considerable upside in the rents. Beautifully maintained building with excellent cashflow. The ground floor is anchored by Movida Restaurant and Tequila Lounge that has been operating at the site for over 3 years. Upstairs are two three bedroom apartments that have been recently upgraded and feature hardwood floors, in unit laundry and stainless steel appliances. Supported by long-term commercial lease below and high demand renovated residential units above, it offers durable income today with clear upside tomorrow.
Additional Information
- Living Area
- 4,600
- Lot Size
- 1,999
- Neighborhood
- South Beach
- Region
- SF District 9
- Subdivision
- South Beach
- Units
- 3
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Listing courtesy of Marcus & Millichap.