Sold

815 Ofarrell St, San Francisco, CA 94109

Beds
3
Sqft
19,650

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCompass Commercial
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Overview

815 O'Farrell Street is a 44 unit mixed-use building. This prominent asset sits at the corner of O'Farrell and Larkin at the edge of San Francisco's Tenderloin neighborhood near Van Ness Avenue and Nob Hill. The property consists of 42 apartments (40 studios, a 1bd and a 2bd), and two large retail spaces with bonus basement space. Through the front doors you enter into a spacious lobby with hardwood floors, high ceilings, and period details. Many of the apartments have been remodeled in the recent past. The residential units are almost fully occupied. The building is fully detached on three sides, providing ample natural light to all levels. The main electrical has been upgraded and indicates 600 amps of service. Heat is supplied through individual wall heaters, helping to keep operating expenses low. This is a unique opportunity for an investor to reposition the corner retail and contribute to the ongoing revitalization in San Francisco. As the City and rental market continue to improve, the new owner will capitalize upon this purchase at a low basis with immediate cash flow. Priced to sell at 6.9 GRM and 8.1% Cap Rate!

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
3
Square feet
19,650
Lot size (acres)
0.10
Year built
1914

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: San Francisco Association of REALTORS MLS MLS®#: 426114490 Last checked:

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