$2,350,000
601 24th Avenue, San Francisco, CA 94121
Opportunity awaits at this 7-unit art deco building conveniently located in Central Richmond, with quick access to Geary Blvd, Clement corridor, and public transit. Offering 6,264 sq ft of living space, each unit is spacious at around 879 sq ft for the apartments and 638 sq ft for the cottage. The six units in the art deco building are 1bed/1bath apartments with a dining room that can be used as a second bedroom. Two units are vacant. The cottage is a 2-level structure with the bedroom on the ground level and a spacious living room with balcony on the top level.Gross scheduled income is $192,156 with a cap rate of 6.90% and GRM of 10.40.
View Description: City, City Lights, Golden Gate Bridge, San Francisco
Interior
Total Bedrooms: 7
Laundry Room: Coin Operated, Common Area
Appliances: Dishwasher, Electric Cooktop, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater
Exterior & Building
Stories: 4
Water Source: Public
Utilities: Common Area Meter
Roof: Asphalt, Tar/Gravel
Lot Features: Corner Lot, Irregular Lot
Parking: Attached, Garage, Side By Side
Heat Type: Baseboard, Wall Furnace
Sewer: Public Sewer
Substructure: Concrete Perimeter
Financial
Sales Price: $2,350,000
Zoning: RH2
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601 24th Avenue
Work With Kevin
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.