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32929024
32929010

840 Greenwich Street, San Francisco, CA 94133 For Sale

CL
CA 02034056
Urban Capital of San Francisco
Coldwell Banker Commercial NRT San Francisco
Coldwell Banker Commercial NRT San Francisco
Listed by Urban Capital of San Francisco, Coldwell Banker Commercial NRT San Francisco
$6,250,000
53 days on market
Updated 37 days ago

840 Greenwich St

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,515
Units 10
Cap Rate 4.77%
NOI $298,320
Price per SqFt $657
Class B
Year Built 1908
Lot Size (SqFt) 3,589
Zoning RM1

840 Greenwich Street, San Francisco, CA 94133

Marketing description

This is a well-maintained property that has been professionally managed, seismically upgraded and is fully compliant with the SF Sleeping Area Fire Alarm requirements. The building features a rarely available unit mix of (4) One-Bedroom, (2) Two-Bedrooms, and (4) Three-Bedroom flats. The majority of the units have been fully renovated with modern kitchen appliances, dishwashers, in-unit washer/dryer, open kitchens with granite countertops, and tile backsplash. Renovated units feature bathrooms with sleek grey tiling and white cabinetry with high end shower heads and sink faucets.

This is a rare opportunity for a savvy and sophisticated investor to acquire a property in a low-density neighborhood with high rental demand that can be professionally managed with low operating expenses and with significant rental upside in every unit.

Investment highlights

  • Pristine 10-Unit Building in Low-Density Russian Hill
  • Fully compliant with all current SF Mandates
  • Strong In-Place Cash Flow with significant rental upside
  • Price Per Unit: $625,000  
  • Market Cap Rate: 8.03%
  • GRM: 14.08
  • Market GRM: 8.41

Listing Contacts

CL
CA 02034056
Urban Capital of San Francisco
Coldwell Banker Commercial NRT San Francisco
Coldwell Banker Commercial NRT San Francisco
Listed by Urban Capital of San Francisco, Coldwell Banker Commercial NRT San Francisco

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$298,320.00
$24,860.00/mo

Valuation Metrics

0
DSCR
4.77%
Cap Rate
4.77%
ROI

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Additional Information

Name
Cris Lamas
License
02034056
Brokerage
Urban Capital SF
Brokerage Phone
4156709888
Title
Sr. Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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