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32922582
32922590

447 Green Street, San Francisco, CA 94133

MS
CA 01878802, CA 01390209
Maven Commercial, Inc
MB
CA CA 02430101
Maven Commercial, Inc
Listed by Maven Commercial, Inc
$2,350,000
12 days on market
Updated 8 days ago

447 Green Street

Details
APN 0132-041; 0132-015
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,375
Units 5
Cap Rate 5.30%
NOI $124,550
Tenancy Multi
Pro-Forma Cap Rate 13.31%
Pro-Forma NOI $312,673
Price per SqFt $369
Year Built 1907
Buildings 2
Stories 3
Lot Size (SqFt) 3,432
Zoning RM-1
Parking Spaces 2 spaces
Parking Per SqFt 0.31
Investment Type Value Add

447 Green Street, San Francisco, CA 94133

Marketing description

447 Green Street is a rare opportunity to acquire a well-located 2-building compound on the western slope of Telegraph Hill. Situated on 2 parcels totaling approximately 6,375 square feet, the property features 5 full-floor three-bedroom flats with some having formal living and dining rooms, hardwood floors, in-unit washer and dryers, abundant natural light and sweeping views of Coit Tower from most units. Several units include renovated kitchens and baths. The front building on Green Street contains three flats, including one unit that will be delivered vacant, along with two-car tandem parking delivered vacant and storage space.

Tucked beside the rear building is a charming courtyard leading to two additional flats, a private deck and an entrance on Pollard Place just off Vallejo Street. With low operating expenses—as residents cover water, heat and garbage—the property presents an exceptional investment opportunity for both investors and owner-users seeking upside through the vacant flat and parking. The rear structure offers investors the opportunity to convert the flats to condominiums, while the front building provides sufficient height and space for a potential additional dwelling unit. Just steps from North Beach's celebrated restaurants, cafes, nightlife and retail corridors, and only blocks from Jackson Square and the Financial District, the property offers an unmatched combination of location, character and long-term potential.

Investment highlights

  • 2 Buildings, 5 Flats
  • Ideal North Beach Location
  • Upside in Rents
  • Natural Light in Units
  • Spectacular Views of North Beach & Telegraph Hill
  • 2-Car Tandem Parking to be Delivered Vacant
  • Quaint Central Yard
  • Low Expenses - Residents Cover Hot Water & Heat
  • Nearby Transit Options

Listing Contacts

MS
CA 01878802, CA 01390209
Maven Commercial, Inc
MB
CA CA 02430101
Maven Commercial, Inc
Listed by Maven Commercial, Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$124,550.00
$10,379.17/mo

Valuation Metrics

0
DSCR
5.3%
Cap Rate
5.3%
ROI

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Additional Information

Name
Matthew C. Sheridan
License
01878802
Brokerage
Maven Commercial, Inc.
Title
Santino DeRose
Name
Megan Buckley
License
CA 02430101
Brokerage
Maven
Brokerage Phone
4154047337
Brokerage Address
466 Green Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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