For Sale
$3,989,000

480 6Th StSan Francisco, CA 94103

14-Unit Apartment Building, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 14-unit mixed-use investment property, located at 480-484 6th Street in San Francisco, California, presents a compelling opportunity for discerning investors. Built in 1916, the property boasts 7,140 square feet on a 0.1-acre lot in the desirable 94103 zip code. The building comprises twelve spacious residential units, several offering stunning downtown skyline views, and two vibrant retail spaces. Six of the residential units are currently vacant, providing a significant value-add opportunity to increase rental income by bringing them up to market rates. Furthermore, there's potential for converting some units into two-bedroom layouts, subject to necessary planning approvals. This presents a substantial avenue for enhancing the property's overall revenue generation. The asking price for this strategically located San Francisco investment property is $3,989,000. The property's strong location and the potential for significant upside through lease-up and potential unit conversions make this a compelling investment opportunity with excellent long-term prospects. This is a rare chance to acquire a well-positioned multifamily asset in a thriving San Francisco market.

Highlights

  • 14-unit mixed-use building with 12 residential and 2 retail units.
  • Twelve spacious residential units boast desirable downtown views.
  • Six vacant units offer significant value-add potential.
  • Potential for unit conversion to two-bedroom units (subject to approvals).
  • Strong long-term investment potential.

Property Details for 480 6Th St

Property type
Apartment buildings
Square Feet
7,140 SF
Year Built
1916
Lot Size (sq. ft)
4,356 SF
Units
14

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7762224
Longitude
-122.4030902
480 6Th St, San Francisco, California

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480 6Th St
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