565 Ellis Street

565 Ellis Street, San Francisco, CA 94109

$2,920,000

Priced to sell at 10.8 GRM - 5.5% Cap Rate. 565 Ellis Street is a 17 unit building near Civic Center and the Van Ness Corridor. The property consists of 16 studios and 1 commercial space. Most of the studios have been nicely remodeled in the recent past, including the 8 units that will be delivered vacant. The units have hardwood floors, stone countertops, shaker cabinets, and double-paned windows. The commercial space is occupied by a courier service who has been a tenant for about 10 years. There is new carpet and paint in the common areas, providing welcoming feel for the tenants. This is a great opportunity to purchase a turnkey asset that provides both cash flow and upside.

7,052 Sq.Ft. LIVING AREA

2,345 Sq.Ft. lot

Features & Amenities

Area & Lot

Status Sold
Living Area7,052 Sq.Ft.
Lot Area2,345 Sq.Ft.
MLS® ID421609772
TypeMulti-Family
YEAR BUILT1922

Exterior

lot featuresNone

Financial

Sales Price$2,920,000

Work With Heidi

Heidi is a skilled and knowledgeable Agent, experienced in handling the purchase or sale of San Francisco properties. She is committed to handling every detail of your transaction and will see you through the entire process with personalized service and professional results. Deeply committed to her clients, Heidi is diligent in representing them and their best interests.

Let's Connect

Contact Details

HEIDI ROSSI | CA DRE# 01244323

Phone

(415) 377-7650

[email protected]

Address

1699 Van Ness Avenue San Francisco, CA 94109

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