755 Eddy Street

San Francisco, CA, 94109

$4,000,000

$472 per ft²
$4,000,000
$472 per ft²
Active
Active
 - For Sale
beds
16 Beds
carpenters-square
8,464 ft²
property_type
Multi-family
calendar
Built 2003
755 Eddy Street is a five-story residential building occupying a 0.11-acre parcel with a total of 12 rental apartments, consisting of 8 one-bedroom/one-bathroom units and 4 two-bedroom/ two-bathroom units. There are seven seven garage parking spaces. The current income is $342,000 per year the property is priced at 11.69x gross income. Based on the date of construction the property is not subject to SF rent control. 780 Van Ness Avenue and 755 Eddy Street are being offered together. The Properties were both developed by current ownership, in 1990 and 2003 respectively, and have been well maintained and operated ever since. The Properties represent a high-quality opportunity for an investor to acquire well-located, stabilized assets in a core San Francisco neighborhood that also offer substantial redevelopment potential. Such redevelopment potential stems in part from the fact the land is not fully developed because the site includes a surface parking lot. The Properties are situated adjacent to one another in the northwest corner of the block bounded by Van Ness Avenue, Turk Street, Polk Street, and Eddy Street.
MLS® ID:
422704498
Listed:
10/23/22
Updated:
12/5/22
Carren Shagley & Jennifer Burden
Legacy Real Estate

Interior Features

Total Bedrooms
16
Total Bathrooms
0

Exterior/Building Features

Lot Size
4,708 ft² lot
Lot Details
None

Other Property Details

Area Name
SF District 8
Garage
Yes
Garage Spaces
7
Parking
Garage
Parking Total
7.0
View
N
County
San Francisco
Pool
No
Total Stories
5
Zoning
RC4

Courtesy of John Antonini, DRE #, Compass Commercial
Listing Contact:  

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 12/5/22.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Legacy Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:41 AM UTC, 12/5/22

Carren Shagley & Jennifer Burden
Legacy Real Estate
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