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Major Capital Improvements 5625 Mission St

8 Unit Apartment Building $2,200,000 ($275,000/Unit) 4.66% Cap Rate San Francisco, CA 94112

INVESTMENT HIGHLIGHTS

  • Garage parking with two entrances.
  • Replacement of Existing Federal Pacific Electric Panels in all 8 (Eight) Apartment Units.
  • Replacement of the Fire Alarm System and Installation of Low Frequency Horns in progress
  • Soft Story Retrofit Per Chapter 34B SFBC. – CFC 8FD
  • Obtain and Replace One Electrical House Panel in the Garage Electrical service Area.

EXECUTIVE SUMMARY

Turn Key Asset-Just recently upgraded two major Capital Improvements to this 8 Unit Apartment Building.
In 2025 Replacement of Existing Federal Pacific Electric Panels in all Eight Apartment Units.
Replaced One Electrical House Panel in the Garage Electrical service Area Existing Panel was removed and the New Panel
was installed in its place. Second Major Improvement in 2025 (3.08) - Sleeping Area Fire Alarm Requirements (2022), Complete Replacement of the Fire Alarm System and Installation of Low Frequency Horns. 2017-"Soft Story Retrofit", per Chapter 34B -SFBC-CFC 8FD. Required Upgrade Completed of the Mandatory Earthquake Retrofit of Wood Frame Building Program. This is a two Story building with (8) Eight Garage Doors and Parking spaces in attached garages.There are two secure gated entrances which are located both on Mission Street and Morse Street. Each apartment unit is separately metered for gas and electricity for operating expenses.
Currently all eight apartments are 100% Occupied. Please Contact listing broker Steve Bianchi for any questions 650-279-1329. Pre escrow is opened with Stewart Title Company Escrow # 23000300024. Thank you for your interest.

PROPERTY FACTS

Price $2,200,000
Price Per Unit $275,000
Sale Type Investment
Cap Rate 4.66%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 13.22
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.08 AC
Building Size 6,044 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1959/2017
Parking Ratio 1.32/1,000 SF

UNIT AMENITIES

  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - -
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (79)
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
6470-001C
Land Assessment
$1,435,752
Improvements Assessment
$957,168
Total Assessment
$2,393,568

ZONING

Zoning Code NC2 (Residential -Medium Density)
NC2 (Residential -Medium Density)
  • Listing ID: 26740767

  • Date on Market: 9/29/2022

  • Last Updated:

  • Address: 5625 Mission St, San Francisco, CA 94112

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