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Multifamily

77 Hermann St

77 Hermann St, San Francisco, CA 94102

Listing Price: $11,000,000

Cap Rate
3.48%
Number of Units
34
Occupancy
97.0%
Price/Unit
$323,529
Price/Gross SF
$536.59
Gross SF
20,500

Investment Overview

Marcus & Millichap proudly presents for sale 77 Hermann Street, a stunning Edwardian pride of ownership thirty-four-unit concrete and steel apartment building on the edge of two stellar San Francisco neighborhoods, Lower Haight & Duboce Triangle. The property consists of thirty-four two-room studio apartments and a four car, three motorcycle parking garage. It features a magnificent brick façade with plaster mouldings drawing the eye up to dramatic peaks on either side of the building. A grand lobby with fresh painted white brick, candle wall sconces and gold crown molding greets tenants as they move down the well maintained carpeted hallways or the recently renovated elevator. Each apartment features hardwood floors, updated vinyl bay windows with great natural light, high ceilings, large separate eat-in kitchen, shower tub in the bathroom, and walk-in closet. The apartments are heated with radiators, many new, from the upgraded boiler. The property has been meticulously maintained and upgraded by the ownership over its decades of stewardship such as replacing the stucco on the rear face of the building. This will be one of the best investment offerings in San Francisco this year.

Investment Highlights

  • Stunning 34 Unit Concrete & Steel Building
  • Major upgrades include copper plumbing in most units and back stucco replaced
  • Hardwood floors, Large Bay Windows, High Ceilings
  • Large 2 room studios with conversion potential

Exclusively Listed By

Multifamily

77 Hermann St

Listing Price: $11,000,000

Cap Rate
3.48%
Number of Units
34
Occupancy
97.0%
Price/Unit
$323,529
Price/Gross SF
$536.59
Gross SF
20,500

Investment Highlights

  • Stunning 34 Unit Concrete & Steel Building
  • Major upgrades include copper plumbing in most units and back stucco replaced
  • Hardwood floors, Large Bay Windows, High Ceilings
  • Large 2 room studios with conversion potential

Investment Overview

Marcus & Millichap proudly presents for sale 77 Hermann Street, a stunning Edwardian pride of ownership thirty-four-unit concrete and steel apartment building on the edge of two stellar San Francisco neighborhoods, Lower Haight & Duboce Triangle. The property consists of thirty-four two-room studio apartments and a four car, three motorcycle parking garage. It features a magnificent brick façade with plaster mouldings drawing the eye up to dramatic peaks on either side of the building. A grand lobby with fresh painted white brick, candle wall sconces and gold crown molding greets tenants as they move down the well maintained carpeted hallways or the recently renovated elevator. Each apartment features hardwood floors, updated vinyl bay windows with great natural light, high ceilings, large separate eat-in kitchen, shower tub in the bathroom, and walk-in closet. The apartments are heated with radiators, many new, from the upgraded boiler. The property has been meticulously maintained and upgraded by the ownership over its decades of stewardship such as replacing the stucco on the rear face of the building. This will be one of the best investment offerings in San Francisco this year.

Exclusively Listed By

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