Mixed-Use
674-678 Haight St
674-678 Haight St, San Francisco, CA 94117
Listing Price: $2,998,000
Investment Overview
Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space within a 5,950 square foot building originally constructed in 1890. The property features spacious residential units averaging approximately $4,922 in current rents, with upside to market levels of approximately $5,620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2,998,000 ($599,600 per unit / $530 per square foot), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city's most desirable rental corridors.
674-678 Haight St
Investment Highlights
- 674-678 Haight St is a fully occupied, 5-unit mixed-use asset located in San Francisco, California. Built in 1890, the building encompasses approximately 5,950 gross square feet
- The asset currently generates a Net Operating Income (NOI) of $185,708.80, translating to a 6.19% Current Cap Rate and a 11.69 Gross Rent Multiplier (GRM).
- Located in a core San Francisco neighborhood with enduring tenant demand, the property is well-positioned to maintain strong occupancy and capture future rental upside.
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Listing Price: $2,998,000
Investment Highlights
- 674-678 Haight St is a fully occupied, 5-unit mixed-use asset located in San Francisco, California. Built in 1890, the building encompasses approximately 5,950 gross square feet
- The asset currently generates a Net Operating Income (NOI) of $185,708.80, translating to a 6.19% Current Cap Rate and a 11.69 Gross Rent Multiplier (GRM).
- Located in a core San Francisco neighborhood with enduring tenant demand, the property is well-positioned to maintain strong occupancy and capture future rental upside.
Investment Overview
Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space within a 5,950 square foot building originally constructed in 1890. The property features spacious residential units averaging approximately $4,922 in current rents, with upside to market levels of approximately $5,620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2,998,000 ($599,600 per unit / $530 per square foot), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city's most desirable rental corridors.
Exclusively Listed By
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