761-765 Pine Street is a four (4) unit building located between Powell and Mason Streets in downtown SF. All four units will be delivered vacant. Three of the units are full-floor flats measuring approximately 1,100-1,300 sq/ft each. The fourth unit (8 Fella Place) is a 2-bedroom unit that enters from the rear of the property from Fella Place. The Pine Street units have spacious layouts that could be used as three or four bedroom units. The units are in various stages of completion and will likely require updating in order to be rent-ready. Assuming full occupancy, the property should collect rent of $14,500/mo+. This income equates to 6.1% cap and 11.47 GRM (assuming appropriate updating to achieve market rents). 761-765 Pine Street is a fantastic, blank slate'' opportunity for an investor or developer to add-value, blocks from Union Square and the Financial District.
Pending
$1,995,000
761 Pine St, San Francisco, CA 94108
13beds
4,338sqft
Est.:
Quadruplex
Built in 1909
-- sqft lot
$2,012,700 Zestimate®
$460/sqft
$-- HOA
What's special
Full-floor flatsSpacious layouts
- 24 days |
- 1,129 |
- 78 |
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