3548 Pierce St - Apartments FOR SALE


San Francisco, CA 94123
$4,975,000 USD
415-625-2189
3548 Pierce St, San Francisco, CA for Sale
$4,975,000 USD
Apartments - FOR SALE
1/22
null | 4.26% Cap Rate

3548 Pierce St
San Francisco, CA 94123


HIGHLIGHTS

  • Two-Bedroom Units have been renovated with premium finishes and in-unit washer/dryers
  • Significant Capital Improvements; upgraded electrical, heating system has been fully replaced, upgraded fire alarm system, condo quality units
  • Seller can provide the ADU plans for the garage space
  • Pride of ownership, Turnkey investment

OVERVIEW

PROPERTY TOURS: Tuesday, November 12th, 10:00am-12:00pm Thursday, November 14th, 12:00pm-1:30pm Welcome to 3548 Pierce Street, a fully occupied and impeccably maintained and newly renovated multifamily building nestled in the heart of San Francisco. This property boasts six units, including two spacious 1-bedroom, 1-bathroom units and four luxurious 2-bedroom, 2-bathroom units, all freshly upgraded to condo-quality standards. In addition to the 6 units, the garage spaces have been cleared out and there is potential for an ADU. Each 2-bedroom unit offers a modern and stylish living space with premium finishes, perfect for discerning tenants. This property presents a unique opportunity for investors or those seeking multigenerational living in an unbeatable location. Recent updates include a brand-new heating system, a state-of the-art intercom system, and a completely renovated lobby that offers a warm welcome to residents and guests. Additionally, new water heaters have been installed, ensuring comfort and convenience throughout the building. Situated in a walker's paradise with a phenomenal 97 Walk Score, this property is mere steps from vibrant shopping, dining, and entertainment options. 3548 Pierce Street is a rare gem that combines pristine condition, contemporary upgrades, and an outstanding location – a perfect addition to any portfolio or a wonderful place to call home.

FOR SALE DETAILS

PRICE

$4,975,000 USD

PRICE/SF

$787 USD /SF

# OF UNITS

6

PRICE/UNIT

$829,167

CAP RATE

4.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,626 SF

ZONING

RH3

APN/PARCEL ID

0442A-021

ASK ABOUT THIS PROPERTY

Philip BatlinMarcus & MillichapMore Info
415-625-2189

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Philip BatlinMarcus & MillichapMore Info
415-625-2189

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