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Listed by Ismael Benhamida • Compass
$4,500,000
Est. payment /mo
5,725 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,725 sqft
Price per Sqft $786
MLS Listing ID ML82028267
HOA Y/N No
Year Built 1900
Lot Size 2,548 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
6.04% current CAP rate. Turnkey 5,725 SqFt triplex + in-law unit w/ $1.1M+ in renovations. Highly sought after Lower Haight location near tech/AI companies, restaurants, shops. (2) 6-bed/3-bath units (2184 & 1871 SqFt w/ rents of $9,465 & $8,625/month), (1) 5-bed/3-bath unit (1720 SqFt, $8,325/month), & (1) 2-bed/1-bath unit (768 SqFt, $4,180/month). Each unit has a vaulted ceiling, large kitchen & living room, & laundry. Multi-year renovation project started in 2019- new electrical wiring & 400 amp service w/ new panels, gas, copper plumbing, siding, paint, roof, & hallway finishes. The unit interiors were fully renovated with new walls & ceilings, subfloors, plank flooring, LED lighting, dual pane windows & doors. High-end kitchens appointed with new quartz counters, cabinets, & appliances. Bathrooms have new vanities, bathtubs, showers, & plumbing fixtures. No expense spared. Rent levels are commensurate w/ newer construction properties. Tenants are high income & credit score professionals. No past due rents or tenant disputes. Tenants reimburse for water, sewer, trash. The best-in-class renovations, management ease, proximity to large employers, and prestigious Lower Haight location make 811 Oak Street a great opportunity for both the cashflow & appreciation minded investor.
Location
State CA
County San Francisco
Interior
Heating Natural Gas, Wall Furnace
Cooling Ceiling Fan(s)
Flooring Laminate
Fireplace No
Exterior
View City Lights
Schools
School District San Francisco Unified, San Francisco Unified
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803