1755 Mcallister Street

Constructed in 1925, this excellent offering consists of 7 large 1bd apartments. Behind the classic Marina-style facade tenants enter into an attractive lobby. These oversize units boast high-ceilings, hardwood floors, and period charm. The scale of the units provides the possibility of converting these to 2bd. There is a one-car garage that is currently rented to a non-resident of the building. The owners completed the soft-story seismic retrofit in 2019. The units are separately metered for gas and electricity, and heat is supplied through wall-heaters. There is a large rear yard for tenants to enjoy. The property has been owned by the same family for many years and is professionally managed. There is 77% upside in the current rents when taking into consideration the possibility of converting to 2bd. Amazing value at only $353/square foot in one of the city's best rental locations!