123-127 Albion St - Apartments FOR SALE


San Francisco, CA 94110
$3,300,000 USD
415-640-8483
123-127 Albion St, San Francisco, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/50
null | 4.02% Cap Rate

123-127 Albion St
San Francisco, CA 94110


HIGHLIGHTS

  • 2 buildings on one lot. Total 6795 SQFT on a 3,598 SQFT lot
  • Upside potential in an easy to rent neighborhood
  • Open floor plans with all rentable square footage
  • Outstanding location close to public transportation (Muni & BART), restaurants, and shops, offering great investment potential and in-place income.
  • Backyard garden area with private decks for each unit, providing outdoor space for residents.

OVERVIEW

123-127 Albion St consists of three 2 BD/1 BA units & two 1 BD/1 BA units w/ 2 buildings on one lot. Each unit features wall heating, ample closet space & fireplaces. All 2BD/1BA units include an enclosed wall which can add & create an extra room. Select units have a washer/dryer, all have hardwood flooring, & modest updates to kitchens & baths. Common area amenities include a backyard garden area where all units have their own private decks. Ownership has owned the property close to 50 years w/ immense care. Gas & electric utilities are separately metered. Basement level currently used as storage, future possibility of an ADU, & one car garage parking to be delivered vacant upon close of escrow. The investment appeal of the property is its outstanding location & its in-place income. Close to public transportations (Muni & BART), restaurants, & shops.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

5

PRICE/UNIT

$660,000

CAP RATE

4.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

123-127 Albion St San Francisco CA 94110

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,598 SF

ZONING

RM2

APN/PARCEL ID

3568-025

ASK ABOUT THIS PROPERTY

Charles SugimotoCorcoran Icon PropertiesMore Info
415-640-8483

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Charles SugimotoCorcoran Icon PropertiesMore Info
415-640-8483

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.