1230 Broadway
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1230 Broadway
6 Unit Block of Flats £1,576,070 (£262,678/Unit) 6.90% Net Initial Yield San Francisco, CA 94109
Executive Summary
Welcome to 1230 Broadway, an exceptional investment opportunity nestled in the vibrant Russian Hill neighborhood of San Francisco, CA. This six-unit apartment building presents a rare chance to own a piece of prime real estate with immense potential. Boasting a strategic location and a host of desirable features, this property is a gem waiting to be discovered.
With four out of six units currently vacant and awaiting renovation, investors have the opportunity to unleash their creativity and maximize the value of this property. Additionally, four of the units hold the potential for conversion from one-bedroom layouts to two-bedroom residences, offering versatility and catering to a broader tenant demographic. The smart and efficient layouts of the units ensure comfortable living spaces, with spacious bedrooms that receive abundant natural sunlight, creating an inviting ambiance for tenants to enjoy.
Convenience and practicality are evident throughout the property, with three dedicated parking spaces provided onsite and the option to park additional vehicles conveniently on the street in front of the garages. Further enhancing the appeal are amenities such as a set of laundry machines and a storage room located on the ground floor. Overlooking a charming parklet across the street, residents are treated to picturesque views and a serene atmosphere. The building is separately metered for PG&E. It is not on the S.F. soft story list.
With four out of six units currently vacant and awaiting renovation, investors have the opportunity to unleash their creativity and maximize the value of this property. Additionally, four of the units hold the potential for conversion from one-bedroom layouts to two-bedroom residences, offering versatility and catering to a broader tenant demographic. The smart and efficient layouts of the units ensure comfortable living spaces, with spacious bedrooms that receive abundant natural sunlight, creating an inviting ambiance for tenants to enjoy.
Convenience and practicality are evident throughout the property, with three dedicated parking spaces provided onsite and the option to park additional vehicles conveniently on the street in front of the garages. Further enhancing the appeal are amenities such as a set of laundry machines and a storage room located on the ground floor. Overlooking a charming parklet across the street, residents are treated to picturesque views and a serene atmosphere. The building is separately metered for PG&E. It is not on the S.F. soft story list.
Property Facts Under Contract
Price | £1,576,070 | Building Class | C |
Price Per Unit | £262,678 | Lot Size | 0.06 AC |
Sale Type | Investment | Building Size | 3,980 SF |
Net Initial Yield | 6.90% | Average Occupancy | 33% |
Gross Rent Multiplier | 10.4 | Number of Floors | 2 |
No. Units | 6 | Year Built | 1924 |
Property Type | Residential | Parking Ratio | 0.75/1,000 SF |
Property Subtype | Apartment |
Price | £1,576,070 |
Price Per Unit | £262,678 |
Sale Type | Investment |
Net Initial Yield | 6.90% |
Gross Rent Multiplier | 10.4 |
No. Units | 6 |
Property Type | Residential |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 3,980 SF |
Average Occupancy | 33% |
Number of Floors | 2 |
Year Built | 1924 |
Parking Ratio | 0.75/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 6 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (87)
PROPERTY TAXES
Parcel Number | 0152-010A | Improvements Assessment | £105,966 |
Land Assessment | £72,497 | Total Assessment | £178,604 |
PROPERTY TAXES
Parcel Number
0152-010A
Land Assessment
£72,497
Improvements Assessment
£105,966
Total Assessment
£178,604
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1230 Broadway
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.