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31648528
31648527

1082 Union Street, San Francisco, CA 94133

RO
CA 02122038
Colliers - San Francisco, California
DD
CA 01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California
$6,800,000
52 days on market
Updated 51 days ago

1082 Union Street

Details
APN 0098-007, 0130-012
Property Type Multifamily, Hospitality
Square Footage 14,215
Units 13
Cap Rate 4.68%
NOI $318,123
Tenancy Multi
Pro-Forma Cap Rate 10.38%
Pro-Forma NOI $705,683
Price per SqFt $478
Year Built 1914
Buildings 1
Stories 3
Lot Size (SqFt) 5,623
Zoning RM-2
Parking Spaces 4 spaces
Parking Per SqFt 0.28
Investment Type Value Add

Multifamily | 4.68% CAP | 13 Units

Marketing description

1082 Union Street presents a rare opportunity to acquire a premier multifamily asset in the heart of Russian Hill, one of San Francisco's most iconic and desirable neighborhoods. Perched along Union Street, the property boasts sweeping, unobstructed views of the San Francisco Bay, Marina, and city skyline.

The 13-unit building, constructed in 1914, is comprised of two (2) junior one-bedroom units, ten (10) one-bedroom units, and one (1) two-bedroom, two-bath unit, offering a well-balanced unit mix suited to a wide range of renters. Units feature spacious layouts complemented by classic period details, including hardwood flooring, bay windows, crown molding, and built-in cabinetry, while select units enjoy fireplaces and expansive windows that frame the property's remarkable views.

Residents benefit from four (4) on-site parking spaces, on-site laundry, two (2) large storage units, and a shared backyard. Ideally located just moments from the vibrant dining and retail corridors of Polk Street, Union Street, and North Beach, the property offers immediate access to some of San Francisco's best neighborhood amenities, along with convenient connectivity to public transportation and major commuter routes - making 1082 Union Street a highly attractive investment opportunity in a premier location.

Investment highlights

  • 1082 Union Street presents a rare opportunity to acquire a premier multifamily asset in the heart of Russian Hill, one of San Francisco's most iconic and desirable neighborhoods. Perched along Union Street, the property boasts sweeping, unobstructed views of the San Francisco Bay, Marina, and city skyline.
  • The 13-unit building, constructed in 1914, is comprised of two (2) junior one-bedroom units, ten (10) one-bedroom units, and one (1) two-bedroom, two-bath unit, offering a well-balanced unit mix suited to a wide range of renters. Units feature spacious layouts complemented by classic period details, including hardwood flooring, bay windows, crown molding, and built-in cabinetry, while select units enjoy fireplaces and expansive windows that frame the property's remarkable views.
  • Residents benefit from four (4) on-site parking spaces, on-site laundry, two (2) large storage units, and a shared backyard. Ideally located just moments from the vibrant dining and retail corridors of Polk Street, Union Street, and North Beach, the property offers immediate access to some of San Francisco's best neighborhood amenities, along with convenient connectivity to public transportation and major commuter routes - making 1082 Union Street a highly attractive investment opportunity in a premier location.

Listing Contacts

RO
CA 02122038
Colliers - San Francisco, California
DD
CA 01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$318,123.00
$26,510.25/mo

Valuation Metrics

0
DSCR
4.68%
Cap Rate
4.68%
ROI

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Additional Information

Name
Ryan O'Keefe
License
02122038
Brokerage
Colliers
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