1300 Haight StSan Francisco, CA 94117
- Residential income properties
- 13,225 SF
Property Details for 1300 Haight St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.11 AC
- Property size (Sq ft)
- 13,225 SF
- Zone code
- HAIGHT
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- 1233 -010
- APU
- 1233010
Description
This exceptional 12-unit mixed-use property, located at 1300-1322 Haight Street in San Francisco, CA 94117, presents a compelling value-add investment opportunity. The 13,225 square foot building, constructed in 1910 and situated on a 4,688 square foot lot, boasts a prime corner location in the Haight Street Neighborhood Commercial District (NCD) zoning. The property comprises eight full-floor, four-room residential flats, each with its own individual entry, and four thriving retail spaces. Four of the residential units have been tastefully modernized, preserving their original ornate details, while one unit is currently vacant, offering immediate potential for upgrades or rental income. The building is well-maintained and features a recent significant electrical power upgrade. Its desirable location near Buena Vista Park and the Panhandle offers residents easy access to green spaces and recreation. The property's strong location on a quieter section of Haight Street provides proximity to eclectic shopping and the area's rich history. The current NOI is $249,770, with a pro-forma NOI of $428,788, resulting in a 5.00% cap rate and a pro-forma cap rate of 8.58%. The asking price is $5,000,000, representing a price per square foot of $378.07 and a price per unit of $416,666.67. This three-story building offers abundant natural light and strong building identity, making it an ideal investment for those seeking a distinctive asset in a thriving San Francisco market. Easy freeway access is available via the Oak and Fell Street on-ramp.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,396,552
- 6.5%
- $4,058,356
- 7%
- $3,768,473
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,901,873
- Geo Method
- $5,717,306
-
Alternative Use
- Use
- Valuation
- Residential
- $4,058,356
- Hospitality
- $3,717,432
- Educational
- $3,092,860
- Medical
- $3,199,228
- Retail
- $4,811,116
Location Insight
- City
- San Francisco
- County
- San Francisco
- State
- California
- Latitude
- 37.7706
- Longitude
- -122.444
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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