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Est. payment | /mo
3 Beds
2 Baths
5,950 SqFt
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Est. payment | /mo
3 Beds
2 Baths
5,950 SqFt
Open House
Tue Jun 02, 11:00am - 1:00pm
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,950 sqft
Lot Size 2,750 Sqft
MLS Listing ID ML82048118
Bedrooms 3
Full Baths 2
Property Description
Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space within a  ±5,655 square foot building originally constructed in 1890. The property features spacious residential units averaging approximately $4,922 in current rents, with upside to market levels of approximately $5,620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2,998,000 ($599,600 per unit / $530 per square foot), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city's most desirable rental corridors.
Location
State CA
County San Francisco
Area 6 - Hayes Valley
Zoning NC1
Interior
Heating Electric
Cooling None
1-purchase type For Sale
Exterior
Garage On Street
Utilities Available Public Utilities
Roof Type Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 0847-018
Security Features None
Special Sale Not Applicable

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Listed by Eymon Binesh of Marcus & Millichap
Bought with Eymon Binesh of Marcus & Millichap
Bought with Eymon Binesh of Marcus & Millichap
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