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Sold

985 Pine Street

985 Pine Street, San Francisco, CA 94108

$3,255,000
Aesthetic beauty, location, property condition, effective management, amenities and, of course, overall value, are the critical factors that drive most every Apartment Building investment decision. And the beautifully renovated and well managed 19-unit (consisting of two 1 Bedroom units, 13 Studios, and four Guest Room/Efficiency Units) Edwardian era Building at 985 Pine Street shines in every one of those categories. It delights tenants with its charming architectural detail, its clean and functional interior, and its direct access to work and play. The building is just two blocks from many of San Francisco's finest hotels and best-known Nob Hill landmarks, and just five blocks from Union Square, and the Financial District. And with a GRM of under 12, and a $/Sq. Ft. value under $500, it represents one of the best investment values in San Francisco. $356,743 Gross Income (per seller). CAP Rate: 7.0%. 9.4 GRM. $463/Sq. Ft.

2
beds

7,232 Sq.Ft. LIVING AREA

2,450 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms2
  • Laundry room Coin Operated, Common Area

Area & Lot

  • Status Sold
  • Living Area7,232 Sq.Ft.
  • Lot Area2,450 Sq.Ft.
  • MLS® ID423900277
  • TypeMulti-Family
  • YEAR BUILT1911

Exterior

  • water SourcePublic
  • lot featuresSidewalk, None
  • sewerPublic Sewer

Financial

  • Sales Price$3,255,000
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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.

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Contact Details

HEIDI ROSSI | CA DRE# 01244323

Phone

(415) 377-7650

Email

[email protected]

Address

1699 Van Ness Avenue San Francisco, CA 94109

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