511 Waller St - Apartments FOR SALE


San Francisco, CA 94117- Lower Haight
$2,195,000 USD
415-640-4133
511 Waller St, San Francisco, CA for Sale
$2,195,000 USD
Apartments - FOR SALE
1/4
null | 6.05% Cap Rate

511 Waller St
San Francisco, CA 94117
Lower Haight


HIGHLIGHTS

  • 6-Unit Income Property
  • Walking distance to Duboce Park
  • 10% upside in market rent

OVERVIEW

511 Waller Street is ideally located in the heart of San Francisco in the Lower Haight neighborhood. This 6 unit investment property is comprised of 1 studio unit and 5 1-bedrooms spanning over 3 levels. The units have high ceilings, pine wood floors, bay windows, nice period detailing and all of them have decorative fireplaces. The heating is through electric baseboard heaters and the units are separately metered for both gas and electricity. The building has a basement level where each unit has an assigned storage area and coin operated laundry for the tenant's convenience. There is also a small, shared patio. The soft story retrofit and foundation upgrades have been completed as of 2018. Waller Street has beautiful mature trees and the area is full of amenities, including the popular Cafe Reveille accross the street. One can not only walk to Duboce Park one block away, but because of its central location, it’s an easy stroll to Alamo Square Park, Buena Vista Park and even the Panhandle. There’s no shortage of outdoor spaces nearby or shopping along Haight Street, Fillmore Street or Divisadero. Safeway or Whole Foods are both an easy walk away and tenants can also enjoy the multitude of fantastic restaurants nearby such as Nopalito, L’Ardoise Bistro, The Rustic, Woodhouse Fish Co., Duboce Park Cafe and many others.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

6

PRICE/UNIT

$365,833

CAP RATE

6.05%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1889

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,065 SF

ZONING

RH-3, San Francisco

APN/PARCEL ID

0866-024

ASK ABOUT THIS PROPERTY

Mirella WebbCompass CommercialMore Info
415-640-4133

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Mirella WebbCompass CommercialMore Info
415-640-4133

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