Value-Add investment opportunity in the prestigious Bankers Hill neighborhood is available for the first time in over 50 years. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units on a 5,213-square-foot lot, offering off-street parking, an on-site laundry facility, and a common outdoor area with resurfaced decking, enhancing tenant… Read More enjoyment. The property includes drought-tolerant landscaping and new electrical subpanels. The highly walkable location places tenants within easy reach of shops, dining, and professional offices, surrounded by new luxury developments and positioned directly in the path of future growth. With below-market rents, this property offers significant value-add potential, providing investors a prime opportunity to boost rental income through targeted improvements and proactive management. Read Less
Listing Snapshot
Days Online
185
Last Updated
Property Type
Other
Lot Size
0.12 Acres
Year Built
1950
MLS Number
240022295SD
30 Days Snapshot Of 92103
$1,402k
-3%
(avg) sold price
32
0%
homes sold
92
+39%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Levels: Two, 2 stories, 1 building
Cooling
None
Fence
None
Income
Net operating income: $84,024
Lot
0.1197 acres, 5,213 square feet, Size: 5,213
Roof
Composition
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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