Multifamily

40-44 Rausch St

40-44 Rausch St, San Francisco, CA 94103

Listing Price: $3,498,000

Cap Rate
4.11%
Number of Units
8
GRM
15.58
Occupancy
95.0%
Price/Unit
$437,250
Price/Gross SF
$482.48
Gross SF
7,250

Investment Overview

40-44 Rausch Street is a well-located, pride of ownership eight-unit asset located in the bustling SOMA District of San Francisco, California. The eight-unit asset consists of two buildings situated on a 2,800 square foot lot. The property measures approximately 7,250 square feet of rentable area. 40-44 Rausch Street
has undergone extensive exterior and interior renovations in recent years including the addition of a newly constructed two-bedroom unit featuring modern, high-end finishes, stainless appliances, and in-unit laundry.

The eight-unit multifamily asset offers spacious and elaborate floor plans throughout. Building A fronts Rausch Street and consists of a three-story wood frame building consisting of a studio, and 2 two-bedroom units on the ground floor with 2 two-bedroom flats on the second and third floors. Building A has secured entry from a gated alcove area fronting Rausch Street. Building B has separate access from a gated walkway. This three-story, wood frame building consist of one-bedroom flats. A central courtyard accessible from both buildings offers tenants a common area for gardening and barbeques rarely found in San Franciscos urban settings.

40-44 Rausch Street is located in the heart of San Franciscos SOMA district and offers tenants close proximity to the nations top employers including: Salesforce, Twitter, Uber, Square, Adobe, Lyft, LinkedIn and more. In addition, the subject property is within half a mile to Civic Center BART station. Popular restaurants,
museums, shopping, and nightlife are all within walking distance.

Building amenities include in-unit washer/dryers and dishwashers in all units, except for the studio unit in Building A. All units have hardwood floors throughout. Units in the upper floors feature 10-foot ceilings, built-in shelving,
and decorative wood trim. The investment offers investors the rare opportunity to acquire a pride of
ownership asset in the epicenter of the countrys tech market.

Investment Highlights

  • Pride of Ownership Asset
  • Short Walk to AirBnB, Pinterest, Twitter, WeWork, Twitter, and Square
  • In-Unit Laundry and Dishwashers
  • Modern Kitchens and Updated Bathrooms
  • High Ceilings
  • Courtyard Accessible from Both Buildings

Exclusively Listed By

Listing Price: $3,498,000

Cap Rate
4.11%
Number of Units
8
GRM
15.58
Occupancy
95.0%
Price/Unit
$437,250
Price/Gross SF
$482.48
Gross SF
7,250

Investment Highlights

  • Pride of Ownership Asset
  • Short Walk to AirBnB, Pinterest, Twitter, WeWork, Twitter, and Square
  • In-Unit Laundry and Dishwashers
  • Modern Kitchens and Updated Bathrooms
  • High Ceilings
  • Courtyard Accessible from Both Buildings

Investment Overview

40-44 Rausch Street is a well-located, pride of ownership eight-unit asset located in the bustling SOMA District of San Francisco, California. The eight-unit asset consists of two buildings situated on a 2,800 square foot lot. The property measures approximately 7,250 square feet of rentable area. 40-44 Rausch Street
has undergone extensive exterior and interior renovations in recent years including the addition of a newly constructed two-bedroom unit featuring modern, high-end finishes, stainless appliances, and in-unit laundry.

The eight-unit multifamily asset offers spacious and elaborate floor plans throughout. Building A fronts Rausch Street and consists of a three-story wood frame building consisting of a studio, and 2 two-bedroom units on the ground floor with 2 two-bedroom flats on the second and third floors. Building A has secured entry from a gated alcove area fronting Rausch Street. Building B has separate access from a gated walkway. This three-story, wood frame building consist of one-bedroom flats. A central courtyard accessible from both buildings offers tenants a common area for gardening and barbeques rarely found in San Franciscos urban settings.

40-44 Rausch Street is located in the heart of San Franciscos SOMA district and offers tenants close proximity to the nations top employers including: Salesforce, Twitter, Uber, Square, Adobe, Lyft, LinkedIn and more. In addition, the subject property is within half a mile to Civic Center BART station. Popular restaurants,
museums, shopping, and nightlife are all within walking distance.

Building amenities include in-unit washer/dryers and dishwashers in all units, except for the studio unit in Building A. All units have hardwood floors throughout. Units in the upper floors feature 10-foot ceilings, built-in shelving,
and decorative wood trim. The investment offers investors the rare opportunity to acquire a pride of
ownership asset in the epicenter of the countrys tech market.

Exclusively Listed By

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