Multifamily

375 Carl Street

375 Carl St, San Francisco, CA 94117

Listing Price: $2,800,000

Cap Rate
4.33%
Number of Units
6
GRM
14.54
Occupancy
97.00%
Price/Unit
$466,667
Price/Gross SF
$657.28
Gross SF
4,260

Investment Overview

375 Carl Street is a magnificent six-unit wood framed apartment building built in 1922. The 4,260 square foot property sits on a concrete foundation at the southern part of Carl Street between Arguello Blvd and Willard Street.

The unique Cole Valley District is home to some of the most desirable real estate on the West Coast. Steps to Golden Gate Park, Mount Sutro and UCSF Parnassus, the neighborhood provides countless attractions for residents to enjoy. An extremely popular neighborhood for students, healthcare professionals and residents that prefer the outdoor active lifestyle. The neighborhood has it all, from the shopping and restaurants on Cole and Haight streets, to outdoor living in Golden Gate Park along with easy access to Ocean Beach. Its a true walkers neighborhood where many of the residents dont need a car and can easily use the abundant forms of public transportation. With ample amounts of attractions, shopping, nightlife, and UCSF Parnassus, Cole Valley is a very desirable neighborhood for young and old alike.
The building is comprised of three stories, two bedroom/one bathroom units, a large outdoor common area, and parking on a large lot. The building has undergone recent renovations including a seismic upgrade, exterior paint, and updates to a few of the units. The building offers tenants a laundry room in the basement, storage units for each tenant, and six car parking.

The electrical systems is separately metered and has 300 amp service. The units all have electric baseboard heating systems and electric stovetops. Some of the units have been upgraded with hardwood floors, granite countertops and new cabinets.

375 Carl Street offers an investor the opportunity to purchase a well maintained apartment property with a great deal of future upside potential in the rents

Investment Highlights

  • 6 Two Bedroom, 1 Bath Units
  • 6 Parking Spaces and Storage Spaces
  • Seismic Retrofit completed

Exclusively Listed By

Listing Price: $2,800,000

Cap Rate
4.33%
Number of Units
6
GRM
14.54
Occupancy
97.00%
Price/Unit
$466,667
Price/Gross SF
$657.28
Gross SF
4,260

Investment Highlights

  • 6 Two Bedroom, 1 Bath Units
  • 6 Parking Spaces and Storage Spaces
  • Seismic Retrofit completed

Investment Overview

375 Carl Street is a magnificent six-unit wood framed apartment building built in 1922. The 4,260 square foot property sits on a concrete foundation at the southern part of Carl Street between Arguello Blvd and Willard Street.

The unique Cole Valley District is home to some of the most desirable real estate on the West Coast. Steps to Golden Gate Park, Mount Sutro and UCSF Parnassus, the neighborhood provides countless attractions for residents to enjoy. An extremely popular neighborhood for students, healthcare professionals and residents that prefer the outdoor active lifestyle. The neighborhood has it all, from the shopping and restaurants on Cole and Haight streets, to outdoor living in Golden Gate Park along with easy access to Ocean Beach. Its a true walkers neighborhood where many of the residents dont need a car and can easily use the abundant forms of public transportation. With ample amounts of attractions, shopping, nightlife, and UCSF Parnassus, Cole Valley is a very desirable neighborhood for young and old alike.
The building is comprised of three stories, two bedroom/one bathroom units, a large outdoor common area, and parking on a large lot. The building has undergone recent renovations including a seismic upgrade, exterior paint, and updates to a few of the units. The building offers tenants a laundry room in the basement, storage units for each tenant, and six car parking.

The electrical systems is separately metered and has 300 amp service. The units all have electric baseboard heating systems and electric stovetops. Some of the units have been upgraded with hardwood floors, granite countertops and new cabinets.

375 Carl Street offers an investor the opportunity to purchase a well maintained apartment property with a great deal of future upside potential in the rents

Exclusively Listed By

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