$1,800,000
1534-1536 Balboa Street, San Francisco, CA 94118
Fully tenant-occupied building collecting $87,708 in rent a year and yielding around a 4.4% cap rate. The lower flat is a 2-bed+office/1.5-bath flat, while the upper flat is a 2-bed+office/1 split-bath flat. The upper unit has nice westerly views of the ocean and has 2-car tandem parking for compact cars. The spacious garage can fit a total of 3 cars and has plenty of height for ample storage or potential for ADU expansion. This level is completed by a flat backyard. Conveniently located, this duplex is just down the street from MUNI 31 and 3 blocks to MUNI 28 for easy commuting to Downtown, Ocean Beach, Sunset, and Marina. Fully occupied, this duplex makes a great investment, with rental upside and value-add potential.
Since 2004 Kevin has built a real estate practice that specializes in commercial and residential real estate and has been in the top 10% of agents serving San Francisco.