For Sale
$3,400,000

135 8Th St San Francisco, CA 94103

7-Unit Building, 4.88% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional multifamily investment opportunity is situated in San Francisco's vibrant South of Market district. The property, located at 135-139 8th Street, consists of a four-story, 5,720 square foot building constructed in 1909. This corner lot property, encompassing 0.03 acres, features six residential units and one ground-floor commercial space currently operating as a restaurant. The building boasts a 100% occupancy rate, generating a net operating income (NOI) of $165,882, resulting in a 4.88% capitalization rate. The property is zoned SLR and its convenient location offers proximity to numerous shops, diverse restaurants, major tech companies including Twitter and Uber, and the Civic Center Station. The asking price for this well-maintained asset is $3,400,000. This presents a compelling opportunity for investors seeking a stable, high-performing property in a desirable San Francisco location. The building's strong performance and prime location make it an attractive investment prospect. The property's APN is 3727-113.

Highlights

  • $3,400,000 asking price for a 7-unit apartment building.
  • Multifamily property, Class C, with 5,720 square feet.
  • 4.88% cap rate, 100% occupancy, and $165,882 NOI.
  • Seven units in a four-story building, built in 1909, on a 0.03-acre lot in San Francisco, CA.
  • Located at 135-139 8th St, San Francisco, CA 94103, with SLR zoning.

Property Details for 135 8Th St

Property type
Apartment buildings
Square Feet
5,720 SF
Class
C
Year Built
1909
Stories
4
Lot Size (sq. ft)
1,307 SF
Units
7

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7771672
Longitude
-122.412597

FAQs

What type of property is this?
Apartment building - 7-Unit Building, 4.88% Cap Rate
Where is the apartment building located?
The property is located at 135 8Th St San Francisco, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: $3,400,000 asking price for a 7-unit apartment building.; Multifamily property, Class C, with 5,720 square feet.; 4.88% cap rate, 100% occupancy, and $165,882 NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
135 8Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message