45 Glendale St

10 Unit Apartment Building $2,750,000 ($275,000/Unit) 6.38% Cap Rate San Francisco, CA 94114

EXECUTIVE SUMMARY

Exceptional 10-Unit Apartment Building in Twin Peaks with Penthouse and Downtown Views
Introducing a rare gem in urban living in the heart of San Francisco’s Twin Peaks neighborhood! This well-maintained 1960s 10-unit apartment building offers a blend of vintage charm and modern convenience. Situated in a prime location, the property features an elevator, diverse floor plans, and stunning downtown views from the penthouse unit.
Property Features:
• Unit Mix:
o 5 One-Bedroom/One-Bathroom Units
o 3 Two-Bedroom/One-Bathroom Units
o 2 Two-Bedroom/Two-Bathroom Units, including a penthouse with breathtaking downtown views
• Garage Parking: Secure and convenient for tenants.
• Laundry Room: On-site facility for tenant ease.
• Outdoor Space: Select units offer private outdoor areas for added living enjoyment.
• Elevator: Provides easy access, a key tenant amenity.
This property is an excellent investment opportunity, appealing to a wide range of tenants with its varied floor plans and desirable features. Its mid-century design and timeless construction provide a solid foundation for potential updates or maintaining its classic appeal.
Located close to shopping, dining, and entertainment, with easy access to major transportation routes, this property combines convenience, comfort, and style.
Showings are as follows:
Brokers Tour/Open House Tuesday 1/28: 12:00pm-2:00pm
Twilight Tour/Open House Thursday 1/30: 5:00pm-6:00pm
Open House Saturday 2/1: 1:00pm-2:00pm

OFFERS to be emailed to jeff@laurelrealty.com on Tuesday 2/4 at 4:00pm.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $2,750,000
Price Per Unit $275,000
Sale Type Investment
Cap Rate 6.38%
Gross Rent Multiplier 10.08
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.09 AC
Building Size 8,280 SF
No. Stories 3
Year Built 1962

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 - -
2+1 3 - -
2+2 2 - -
Walk Score®
Very Walkable (79)
Transit Score®
Excellent Transit (75)

PROPERTY TAXES

ZONING

Zoning Code RM-1
  • Listing ID: 34616149

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 45 Glendale St, San Francisco, CA 94114