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Multifamily

638 Rhode Island St

638 Rhode Island St, San Francisco, CA 94107

Listing Price: $1,980,000

Investment Overview

638 Rhode Island St is a stunning 4-plex investment opportunity located in the beautiful Potrero Hill neighborhood within the coveted city of San Francisco, California. Situated on a 2,495 square feet parcel of land, the subject property was originally constructed in1911 and has a gross building area of approximately 2,663 square feet, offering its tenants beautifully designed one-bedroom and two-bedroom floor plans. Ideally located in between downtown and San Francisco Bay, tenants at 638 Rhode Island have fantastic views of the bay and the city skyline as well as easy access to downtown where there is a myriad of shopping, retail, restaurant, and entertainment options. The subject property is fully vacant and is selling in as-is condition. A nonconforming 5th unit is in the process of being built and can be completed by owner. Units A, B, and D need to have renovations completed. The property may be either completely redeveloped or converted to a single family residence or condo conversion. San Francisco is recognized worldwide for its spectacular physical beauty, culture, business opportunities, and professional sports teams. It also acts as the administrative, financial, cultural, and services hub for the Western United States. San Francisco’s cost of living is one of the most expensive in the nation due in part to the tight housing market and soaring costs of goods and services. The Bay Area has one of the highest discretionary income levels in the United States as a result of the metro’s educated workers and its concentration of jobs in well-paying industries. Cultural and recreational opportunities for residents abound, including a theater district, symphony, opera, and more than 20 museums. The investment appeal of this asset is driven by San Francisco's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Bay Area,638 Rhode Island St presents an attractive choice for San Francisco renters due to close proximity to major employers, transportation corridors, shopping, dining, and entertainment options

Investment Highlights

  • Prestigious Pride of Ownership Asset in San Francisco
  • Prime Location – Ideally Located Between Downtown and San Francisco Bay
  • Beautiful Views of City Skyline and San Francisco Bay
  • Close Proximity to Many of the Nation's Top Tech Employers Including Salesforce,Adobe, Levis, StubHub, Uber, Lyft, Twitter, LinkedIn as well as Many Others
  • Easy Access to Highway 101, Interstate 280 and Interstate 80

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Investment Highlights

  • Prestigious Pride of Ownership Asset in San Francisco
  • Prime Location – Ideally Located Between Downtown and San Francisco Bay
  • Beautiful Views of City Skyline and San Francisco Bay
  • Close Proximity to Many of the Nation's Top Tech Employers Including Salesforce,Adobe, Levis, StubHub, Uber, Lyft, Twitter, LinkedIn as well as Many Others
  • Easy Access to Highway 101, Interstate 280 and Interstate 80

Investment Overview

638 Rhode Island St is a stunning 4-plex investment opportunity located in the beautiful Potrero Hill neighborhood within the coveted city of San Francisco, California. Situated on a 2,495 square feet parcel of land, the subject property was originally constructed in1911 and has a gross building area of approximately 2,663 square feet, offering its tenants beautifully designed one-bedroom and two-bedroom floor plans. Ideally located in between downtown and San Francisco Bay, tenants at 638 Rhode Island have fantastic views of the bay and the city skyline as well as easy access to downtown where there is a myriad of shopping, retail, restaurant, and entertainment options. The subject property is fully vacant and is selling in as-is condition. A nonconforming 5th unit is in the process of being built and can be completed by owner. Units A, B, and D need to have renovations completed. The property may be either completely redeveloped or converted to a single family residence or condo conversion. San Francisco is recognized worldwide for its spectacular physical beauty, culture, business opportunities, and professional sports teams. It also acts as the administrative, financial, cultural, and services hub for the Western United States. San Francisco’s cost of living is one of the most expensive in the nation due in part to the tight housing market and soaring costs of goods and services. The Bay Area has one of the highest discretionary income levels in the United States as a result of the metro’s educated workers and its concentration of jobs in well-paying industries. Cultural and recreational opportunities for residents abound, including a theater district, symphony, opera, and more than 20 museums. The investment appeal of this asset is driven by San Francisco's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Bay Area,638 Rhode Island St presents an attractive choice for San Francisco renters due to close proximity to major employers, transportation corridors, shopping, dining, and entertainment options

Exclusively Listed By

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