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Multifamily

552-558 Broderick Street

552 Broderick St, San Francisco, CA 94117

Listing Price: $2,100,000

Cap Rate
3.17%
Number of Units
4
Occupancy
98.0%
Price/Unit
$525,000
Price/Gross SF
$692.61
Gross SF
3,032

Investment Overview

Marcus and Millichap is pleased to offer an investor the opportunity to purchase a four unit apartment building located in the popular NOPA neighborhood in San Francisco. 552-558 Broderick Street was built in 1908 and sits on the southeast corner of Broderick Street and Grove Street. The building is comprised of four well maintained two (2) bedroom, one and a half (1.5) bathroom units. Currently, each unit is tenant occupied. Most units feature recently updated kitchens and bathrooms and all units have hardwood floors. In addition, there is an office or storage space in the basement which would make for a great ADU or expansion to an existing unit. There is also a laundry room with one washer and one dryer for tenants to enjoy. The building also features two tandem parking spaces. The entire building is separately metered for gas and electricity and heat to the units is provided by gas wall furnaces. An exterior paint job was completed in 2020. The North of Panhandle neighborhood is home to some of the most desirable real estate on the West Coast. The Divisadero Street Street shopping corridor, which is just one block away, is home to unmatched dining experiences, (NOPA, 4505 Burgers & Barbecue, Che Fico & Little Star Pizza) bars (The Page, Fly Bar & Madrone Art Bar) and nightlife attractions (The Independent & Emporium Arcade). Also just a few blocks away are Alamo Square Park, which recently underwent a $5.3 million renovation, and the Panhandle. Two world class hospitals, UCSF at Parnassus and Kaiser Permanente's Geary Campus, are in close proximity as well. Residents of this neighborhood enjoy a 94 walk score and 86 transit score. Marcus and Millichap is pleased to present for sale 552-558 Broderick Street, a well maintained apartment property with a great deal of upside in a prestigious neighborhood of San Francisco.

Investment Highlights

  • Four Apartment Units
  • Two Car Tandem Garage
  • Office/Storage Space in Basement Area
  • Recently Painted Exterior
  • Lots of Upside

Exclusively Listed By

Multifamily

552-558 Broderick Street

Listing Price: $2,100,000

Cap Rate
3.17%
Number of Units
4
Occupancy
98.0%
Price/Unit
$525,000
Price/Gross SF
$692.61
Gross SF
3,032

Investment Highlights

  • Four Apartment Units
  • Two Car Tandem Garage
  • Office/Storage Space in Basement Area
  • Recently Painted Exterior
  • Lots of Upside

Investment Overview

Marcus and Millichap is pleased to offer an investor the opportunity to purchase a four unit apartment building located in the popular NOPA neighborhood in San Francisco. 552-558 Broderick Street was built in 1908 and sits on the southeast corner of Broderick Street and Grove Street. The building is comprised of four well maintained two (2) bedroom, one and a half (1.5) bathroom units. Currently, each unit is tenant occupied. Most units feature recently updated kitchens and bathrooms and all units have hardwood floors. In addition, there is an office or storage space in the basement which would make for a great ADU or expansion to an existing unit. There is also a laundry room with one washer and one dryer for tenants to enjoy. The building also features two tandem parking spaces. The entire building is separately metered for gas and electricity and heat to the units is provided by gas wall furnaces. An exterior paint job was completed in 2020. The North of Panhandle neighborhood is home to some of the most desirable real estate on the West Coast. The Divisadero Street Street shopping corridor, which is just one block away, is home to unmatched dining experiences, (NOPA, 4505 Burgers & Barbecue, Che Fico & Little Star Pizza) bars (The Page, Fly Bar & Madrone Art Bar) and nightlife attractions (The Independent & Emporium Arcade). Also just a few blocks away are Alamo Square Park, which recently underwent a $5.3 million renovation, and the Panhandle. Two world class hospitals, UCSF at Parnassus and Kaiser Permanente's Geary Campus, are in close proximity as well. Residents of this neighborhood enjoy a 94 walk score and 86 transit score. Marcus and Millichap is pleased to present for sale 552-558 Broderick Street, a well maintained apartment property with a great deal of upside in a prestigious neighborhood of San Francisco.

Exclusively Listed By

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