Excellent investment property featuring two separate buildings on one lot with strong income potential and a projected 10.21% cap rate. The front building includes a well-established laundromat currently leased at $3,636 per month, along with a 1-bedroom rear unit generating $1,800 per month in rental income. The remodeled rear building offers three levels: Top-floor unit rented at $4,500/month Middle-floor unit rented at $3,800/month Ground-floor vacant unit featuring a legal ADU of 1-bedroom, 1-bath, entertainment room, and laundry room, with projected rent of $4,300/month Total projected gross rental income is approximately $18,036 per month. The rear building features a remodeled kitchen and updated bathrooms, providing modern appeal for tenants and owner-users alike. Ideally located just half a block from Judah Street Muni transportation and within walking distance to Golden Gate Park and Ocean Beach, this property offers convenience, lifestyle, and long-term investment value. Perfect for investors seeking strong cash flow or owner-users looking to offset expenses with substantial rental income.
Listing courtesy of Coldwell Banker Realty.