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755 Eddy Street

San Francisco, CA 94109
  • $4,000,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 422704498
UPDATED: 39 min ago
$4,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,464
    SQFT
  • $473
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2003
County:

School Ratings & Info

Description

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.

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© 2022 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Drysdale Properties. Data last updated 2022-12-08T17:20:34.22.
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755 Eddy Street San Francisco, CA 94109

  • Price: $4,000,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 39 min ago
  • MLS #: 422704498
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,464
SQFT
$473
$/SQFT
2003
Built
Neighborhood:
Van Ness/Civic Cente
County:
San Francisco
Area:
Sf District 8
Property Description
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.
Exterior Features

Independent Parking Spaces 0 Lot Features None Parking Features Garage Parking Total 7 Tandem Parking Spaces 0

Interior Features

Rooms Total 52 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

Property Features

Cap Rate 4.39 Number Of Units Vacant 1 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 8 Unit Type2 Bedroom Units Total 4 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

Listing provided courtesy of John Antonini of Compass Commercial: .


© 2022 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Drysdale Properties. Data last updated 2022-12-08T17:20:34.22.
 
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