77-83 9th St, San Francisco, CA 94103

DESPERATE / MUST SELL!!! MOTIVATED SELLER!!!

www.hotdealsoakland.com

COOPERATING WITH ALL BROKERS!

Building Description: 77-83 9^th Street is a well-maintained 6-story concrete and steel building built in 1912 and fully renovated in 2012 and 2024. Located on 9^th Street between Mission and Market in an urban neighborhood, this building contains 44 studios, each with their own private bathroom and full kitchen, and 10 one-bedroom apartments with full kitchen and bathrooms with 22,670 square feet. There is also a shared laundry room, 2 commercial storefronts that are fully leased. There is a full basement, portions of which could be upgraded and leased for additional income as storage units. The building has been well maintained and offers an attractive combination of classic San Francisco character and modern functionality. Many units feature hardwood flooring, quartz counter tops, tile backsplashes with abundant natural light throughout. Many units have been renovated with a fresh paint job on the outside. The building is master metered for gas and electric, except for the 2 commercial spaces. This property is fully monitored with video surveillance camera systems securing the entire property.

Construction is typical wood framing with concrete foundation walls raised to create a partial basement on the southern portion and slab on grade foundation on the northern portion. The exterior finishes consist of painted brick veneer and stucco siding. The flat roof contains built up covering. Units are heated by electric wall heaters. Domestic hot water is provided by a central gas fired boiler located in the basement. Domestic water lines are copper. Electrical wiring is observed as copper. The building is currently 100% occupied and perfectly located close to transportation, many Mid-Market tech firms, Union Square and downtown. This is a turnkey operation. The management of this property is simple. The tenants directly deposit most of their rent and there is no deferred maintenance. This property can be managed effortlessly as your investment grows.

Located in one of San Francisco’s most connected neighborhoods, 81 9^th Street provides easy access to BART, Caltrain, and major freeways. The subject location is located in the SOMA neighborhood of San Francisco and is part of the central business district and across the street from the old Twitter building. The property is situated in the heart of San Francisco’s dynamic SoMa neighborhood offering access to tech employers, Civic Center, BART/MUNI lines and top dining and nightlife. The location benefits from continued area revitalization and infrastructure investments, making it poised for long-term growth. The two commercial units are doing vibrant business. A taco shop chain and a spiritual and uplifting center that both do very well.