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!

Top of Greenwich 407-411 Greenwich St

5 Unit Block of Flats £2,838,822 (£567,764/Unit) 4.64% Net Initial Yield San Francisco, CA 94133

Investment Highlights

  • First time on market in 110 years!
  • ADU potential
  • Adjacent to Coil Tower

Executive Summary

Amazing 110 year-old San Francisco treasure on the market for the first time ever! Commissioned by the Pezzi family in 1913, 407-411 Greenwich offers the rare opportunity to own a true San Francisco legacy at the top of Greenwich steps! Perfectly adjacent to Pioneer Park and Coit Tower, this masterfully constructed 5-unit building offers an updated 1 bedroom penthouse with a 400sqft panoramic view roof deck and 4 additional 2 bedroom flats with split bathroom, ADU potential, plus an unbeatable location. Detached on 3 sides, this property provides spectacular city, Bay and garden views from each unit. Add to this package an established history of strong rentals and 1 vacant units, this property is a must have!

Financial Summary (Pro forma - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £2,838,822
Price Per Unit £567,764
Sale Type Investment
Net Initial Yield 4.64%
Gross Rent Multiplier 18.42
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,850 SF
Average Occupancy 80%
Number of Floors 4
Year Built/Renovated 1913/2014

Unit Amenities

  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Bay Window
  • Crown Moulding
  • Eat-in Kitchen
  • Wooden Floors
  • Tub/Shower
  • Views
  • Yard
  • Basement

Site Amenities

  • Laundry Facilities
  • Gated
  • Gas Range
  • Walking/Biking Trails
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 £2,406 750 - 850
1+1 1 £3,945 1,000
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (86)
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
0087-025
Land Assessment
£231,352 (2023)
Improvements Assessment
£298,245 (2023)
Total Assessment
£529,597 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022

zoning

Zoning Code RH3
RH3
  • Listing ID: 26801407

  • Date on Market: 07/10/2022

  • Last Updated:

  • Address: 407-411 Greenwich St, San Francisco, CA 94133

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') }}