460 Natoma Street, San Francisco, CA 94103

$13,995,000
34
BD
23,555
SqFt

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List Price
$13,995,000
MLS#
426163564
Property Type
Multifamily
Bedrooms
34
Sqft. of Residence
23,555
Lot Size
8,400
Region
SF District 9
Status
ACTIVE
County
San Francisco
Acres
0.19
Year Built
2000
Parking Spaces
20

Property Description

TRANSCEND SoMa is an offering of 20 stunning multi-level live/work loft townhouses and 20 gated parking spaces with a recorded subdivision map, 20 separate APNs, and a draft public report. Currently operated and offered as an apartment building grossing $860,000+/- annually, the property comprises 23,555 net livable square feet and offers significant rental upside and the potential for selective disposition of individual units. No rent control and no BMR component upon individual unit sales (buyer to verify). Located on a quiet, tree-lined alley half a block from 5M Park and luxury high-rise The George, the property is also a short walk to AI Alley and will benefit from the soon-to-be-leased office component of the 5M project at 415 Natoma. Built in 2000, each unit has two entrances, soaring 18' ceilings, in-unit laundry, fireplaces, and a gated parking spot. The common roof deck enjoys views of Salesforce Tower and the San Francisco skyline. Offered as a building only. Savvy investors can acquire a portfolio of wholesale condos with significant revenue to support strategic repositioning as the market rises. Individual condos may only be sold subject to issuance of a final public report, tenants' rights, and other conditions. Buyer to investigate to its complete satisfaction.

Additional Information

Building Name
TRANSCEND SoMa
Living Area
23,555
Lot Size
8,400
Neighborhood
South Of Market
Possession
Subject To Tenant Rights
Region
SF District 9
Subdivision
South Of Market
Units
20
View
City, San Francisco
Zoning
C-3-S

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Listing courtesy of Shamrock Realty.