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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