Stable Investment with REAL, Value Add Growth Potential – 168 Sickles Avenue San Francisco California 12 Residential Units with 12 Car Parking!

5246

Property ID

10,641 SqFt

Size

Description

Description: Stable Investment with Real Value Add Growth Potential

This 12 Unit Building has an excellent unit mix of 6, One Bedrooms and 6, Two Bedrooms with 12+ Car Parking.  The well-designed floor plans are spacious and feature excellent exposure for natural light.  The kitchens all have designated formal dining areas, spacious living rooms and bedrooms, and dressing areas with additional closets outside of bathrooms making the apartments more desirable than others.  Real value add income growth can be obtained through Operating and Maintenance Pass through, the already completed Soft Story retrofit work’s cost Pass through, and Additional Dwelling Units potential that could result in an additional 5 Studio apartments within the building envelope, that can eliminate the need for a 311 Neighborhood Notification.  Existing rents on the fully occupied apartments prevent downside risk.

 

Contact:  Jack Murray  Broker~Associate  415-664-0800      johnpmurray415@gmail.com Email to get Offering Memorandum 

Address

Address: 168 Sickles Avenue, San Francisco, CA, USA
  • Country: United States
  • Province / State: California
  • City / Town: San Francisco
  • Postal code / ZIP: 94112
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  • Property ID 5246
  • Price $3,895,000
  • Property Type Multifamily
  • Year Built 1964
  • Size 10,641 SqFt
  • Number of Units 12

Map View

Contact

Jack Murray

Property Seller
415-664-0800
johnpmurray415@gmail.com
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