REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Cris Lamas Urban Capital SF

$ 2,600,000

Est. payment | -/mo

8 Beds

5,500 SqFt

Save

$ 2,600,000

Est. payment | -/mo

Save

8 Beds

5,500 SqFt

Open House

Tue Sep 01, 11:00am - 1:00pm

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $472

MLS Listing ID 426156439

Bedrooms 8

HOA Y/N No

Year Built 1932

Lot Size 2,587 Sqft

Acres 0.0594

Property Sub-Type Mixed Use

Property Description

1884-1886 Market St is a six-unit mixed-use building in the Upper Market corridor. With banked rent increases available which brings the cap rate to 6.06 percent once the banked rent increases are applied. Four two bedroom apartments over two commercial spaces, built 1932, approximately 5,500 square feet on a 2,587 square foot lot with frontage on Market. The four residential units are identical 750 square foot two bedroom, one bath plans, all remodeled. Commercial runs approximately 2,500 square feet: 1,000 on the ground floor fronting Market and 1,500 on the lower level. The commercial space has a dedicated 200 amp service independent of the residential system, so food service, fitness, and wellness users can take occupancy without a service upgrade. Both vacant, lease-up underway, commercial rents set to today's market.

Location

State CA

County San Francisco

Area Sf District 6

Interior

Fireplace No

Building

Lot Description Shape Regular

New Construction No

Others

Tax ID 0871006

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

Get More Information

Quick Search for Homes

1884-1886 Market ST San Francisco, CA 94102