4725 Irving Street

Amazing value! 13.5 GRM & $386/sq.ft. 4725 Irving is a 9 apartment building in the highly desirable Outer Sunset. Constructed in 1959, this property has much to offer the discerning investor. The property consists of eight 1bd apartments and one studio. The studio is a recently completed ADU. May be possible to add another ADU at the garage level, creating a great opportunity for a new owner to add value. The current owners owned the property for over 30 years and have maintained the building to a high standard. Recent improvements include a soft-story seismic retrofit, new fire alarm and sprinkler systems, installation of low-frequency sounders in 8 of the units, a new roof, and new exterior paint. Priced at only $289K/unit with over 45% upside in rents, and in immaculate condition, this is an incredible value. Don't miss this one!