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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

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.

Property Facts Under Contract

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 - -
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0152-010A
Land Assessment
£72,497
Improvements Assessment
£105,966
Total Assessment
£178,604
  • Listing ID: 31355952

  • Date on Market: 28/03/2024

  • Last Updated:

  • Address: 1230 Broadway, San Francisco, CA 94109

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}