San Francisco, CA 94133,1329-1333 Powell ST
San Francisco, CA 94133,1329-1333 Powell ST
San Francisco, CA 94133,1329-1333 Powell ST
56
$1,698,000
Est.Price: ?

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2 BD
1.5 BA
4,372 SqFt

1329-1333 Powell ST San Francisco, CA 94133

Est. payment /mo
SOLD DATE : 08/21/2024

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,372 sqft

Price per Sqft $360

MLS Listing ID ML81960141

Sold Date 08/21/24

Bedrooms 2

Full Baths 1

Half Baths 1

Year Built 1906

Lot Size 1,169 Sqft

Property Description

1329 - 1333 Powell Street is a conveniently located eight-unit mixed-use property nestled in Nob Hill, near the heart of Chinatown and North Beach. The building is comprised of six spacious 2 bedroom, 1 bathroom apartments and two ground floor retail spaces. Five units were recently renovated and are vacant. Separate metering for gas and electricity. Capture the potential for increased returns with sizable passthrough banked-rent opportunities. Beautiful views of Coit Tower and Golden Gate Bridge. With recent enhancements and a portion of units available for immediate occupancy, 1329 - 1333 Powell Street stands as an enticing investment prospect, offering a compelling 6.35% Cap rate and 11.29 GRM upon full occupancy. Whether you're a seasoned investor or venturing into real estate for the first time, seize the opportunity to elevate your portfolio with this prime asset.

Location

State CA

County San Francisco

Area 8 - Nob Hill

Zoning CRNC

Interior

Heating Electric

Cooling None

Exterior

Parking Features No Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Tar and Gravel

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 0159-003

Security Features Security Fence

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Bob Johnston • Coldwell Banker Realty
Bought with Olivia Lum • Golden Bay Real Estate & Inves

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