Active

1329-1333 Powell Street

San Francisco CA, 94133

$1,888,888


$432.04 per sqft

Active

4,372 sqft

Commercial

Built in 1906

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 5.5% Cap rate and 12.56 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.

ML81960141

MLS ID

April 4, 2024

Listed

April 26, 2024

Updated

Map

1329-1333 Powell Street
San Francisco CA, 94133

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.03 Acres


Roof

Tar/Gravel

Other Property Details

Area Name

San Francisco


Garage

No


Parking

No Parking on Site


View

No


County

San Francisco


Water Source

Public


Pool

No


Zoning

CRNC


Buyer Agency Compensation

2.5%

Listed by Bob Johnston with Coldwell Banker Realty
Listing Contact: 650-400-5039 

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