Investment Overview

225 Downey Street is an attractive, sunny five-unit apartment building located in the Ashbury Heights district of San Francisco. The property consists of four one-bedroom apartments plus one two-bedroom unit. All of these charming units have panoramic, western views which include Golden Gate Park and more. Downey Street is a wonderful small street in a terrific neighborhood. Nearby attractions include Buena Vista Park, University of California at San Francisco (UCSF), and numerous Haight Street and Cole Valley restaurants, cafes, bars, coffee houses, record stores, specialty shops and more. This wood frame building (APN 1269-117) was built in 1911 and measures 4,752 square feet per city tax records. It is situated on a 25’ x 80’ lot. The heat is provided by gas wall heaters and there are separate gas and electric meters. The roof is modified bitumen. There have been significant remodels and/or upgrades to most of the units. Unit #1 is a sun-filled two-bedroom unit with new floors, a new kitchen and much more. This view unit has the exclusive use of the backyard and deck and has plus a washer/dryer combo. Units #2-#5 are all one-bedroom units with excellent western views. Unit #4 has been significantly remodeled and includes and in unit washer/dryer combo as well as a dishwasher. The San Francisco mandatory soft story work was completed in 2016. The property has been professionally managed by Gaetani Real Estate. 225 Downey represents an outstanding opportunity to own a well-maintained, view property in a very desirable neighborhood with an excellent tenant profile.