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132 6th 132-136 6th St

12 Unit Apartment Building $2,200,000 ($183,333/Unit) 6.68% Cap Rate San Francisco, CA 94103

Executive Summary

132 6th Street is a 13 unit mixed-use property located in South of Market. The property consists of 12 studio apartments and 1 commercial unit. Most of the studios were remodeled within the last few years. They have laminate floors, stone countertops, and stainless appliances. The units receive great natural light. The commercial space was most recently used as a bakery and will be delivered vacant. There is a one-car garage that will also be delivered vacant. The apartments are all-electric units, including heat, and are separately metered for electricity. There is a very large basement that has been used for storage and operational space for the commercial unit over the years. The electrical service and panels have been recently updated with the main panel indicating 800 Amps of power. A seismic soft-story retrofit was completed in 2015. This turn-key investment opportunity will provide cash flow and upside potential at a very low cost basis.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $2,200,000
Price Per Unit $183,333
Sale Type Investment
Cap Rate 6.68%
Gross Rent Multiplier 8.4
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,750 SF
No. Stories 3
Year Built/Renovated 1907/2004

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • On-Site Retail
  • Vintage Building
  • Elevator
  • Online Services
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 12 - 700
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3726-005
Land Assessment
$3,490,016
Improvements Assessment
$1,495,720
Total Assessment
$4,987,676

zoning

Zoning Code C3G
C3G
  • Listing ID: 33939688

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 132-136 6th St, San Francisco, CA 94103

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