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Multifamily

40 Buchanan St

40 Buchanan St, San Francisco, CA 94102

Listing Price: $4,000,000

Cap Rate
3.43%
Number of Units
12
Occupancy
97.0%
Price/Unit
$333,333

Investment Overview

Marcus & Millichap is pleased to present for sale 40 Buchanan St, a fabulous 12 unit Edwardian apartment building on the edge of Lower Haight & Duboce Triangle. It consists of twelve studio which have a main room and a separate large eat-in kitchen. They all have very large closets which may provide for conversion to 1-bedroom units in the future. The front apartments have large bay windows that allow for great natural light. All the apartments feature kitchens with original white built in cabinets, new vinyl windows, hardwood floors, and high ceilings throughout, which provide abundant natural light. The units are heated by a steam boiler which the owner pays for and they are separately metered for gas and electricity. There is an upgraded 200-amp electrical service to the building. The roof is rolled composite and was replaced in 2021. The property has been meticulously upgraded & main-tained over the years by the current ownership with a new roof in 2021 and the seismic retrofit completed in 2015. This is one of the most attractive multifamily offerings in San Francisco this year.

Investment Highlights

  • Classic Edwardian 12 Unit Apartment Building
  • Large Two-Room Studios with Conversion Potential
  • Great Location on the edge of Duboce Triangle & Lower Haight

Exclusively Listed By

Multifamily

40 Buchanan St

Listing Price: $4,000,000

Cap Rate
3.43%
Number of Units
12
Occupancy
97.0%
Price/Unit
$333,333

Investment Highlights

  • Classic Edwardian 12 Unit Apartment Building
  • Large Two-Room Studios with Conversion Potential
  • Great Location on the edge of Duboce Triangle & Lower Haight

Investment Overview

Marcus & Millichap is pleased to present for sale 40 Buchanan St, a fabulous 12 unit Edwardian apartment building on the edge of Lower Haight & Duboce Triangle. It consists of twelve studio which have a main room and a separate large eat-in kitchen. They all have very large closets which may provide for conversion to 1-bedroom units in the future. The front apartments have large bay windows that allow for great natural light. All the apartments feature kitchens with original white built in cabinets, new vinyl windows, hardwood floors, and high ceilings throughout, which provide abundant natural light. The units are heated by a steam boiler which the owner pays for and they are separately metered for gas and electricity. There is an upgraded 200-amp electrical service to the building. The roof is rolled composite and was replaced in 2021. The property has been meticulously upgraded & main-tained over the years by the current ownership with a new roof in 2021 and the seismic retrofit completed in 2015. This is one of the most attractive multifamily offerings in San Francisco this year.

Exclusively Listed By

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