785 Bay St
6 Unit Apartment Building $3,025,000 ($504,167/Unit) 5.74% Cap Rate San Francisco, CA 94109
EXECUTIVE SUMMARY
785 Bay Street is a charming 3 story, 6 unit, wood frame building, built in 1954. The building is comprised of 6 large one bedroom apartments and 3- car garage parking. The units have gas wall heaters with electrical service supported by individual circuit breaker panels. Each unit is arranged with a great-room design and open-air kitchen ?oorplan. The kitchens and baths have been remodeled with hardwood ?oors throughout. These stylish and functional apartment homes have tons of natural light and the upstairs units have Bay and Bridge views.
PROPERTY FACTS
| Price | $3,025,000 |
| Price Per Unit | $504,167 |
| Sale Type | Investment |
| Cap Rate | 5.74% |
| Gross Rent Multiplier | 11.98 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,353 SF |
| No. Stories | 3 |
| Year Built | 1954 |
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (84)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 0045-010D | Improvements Assessment | $887,940 |
| Land Assessment | $1,331,911 | Total Assessment | $2,220,929 |
ZONING
| Zoning Code | RH3 |
