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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Adam D Filly Compass Commercial

$ 3,250,000

Est. payment -/mo

Save

Price Dropped by $250K

388 5th ST San Francisco, CA 94107

30 Beds

9,810 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,810 sqft

Price per Sqft $331

MLS Listing ID 425058792

Bedrooms 30

HOA Y/N No

Year Built 1909

Lot Size 4,464 Sqft

Acres 0.1025

Property Sub-Type Multi Family

Property Description

388 5th Street is a 12-unit apartment building in San Francisco's South of Market neighborhood. This building has been exempted from San Francisco's rent control via substantial rehabilitation in 1989, allowing the landlord to increase rents without typical SF limitations. The property consists of 6 three-bedrooms and 6 two-bedrooms. The units are well maintained and have functional layouts that work well for roommates or families. The structure and systems appear to be very well maintained. The property underwent a soft-story seismic retrofit in 2018. The units are separately metered for gas and electricity, and each has its own water heater, keeping operating expenses very low. The property's location provides easy access to the freeway, downtown, and many neighborhood amenities. This is truly a rare opportunity to purchase a building without SF rent control restrictions.

Location

State CA

County San Francisco

Area Sf District 9

Interior

Fireplace No

Building

Lot Description None

New Construction No

Others

Tax ID 3753009

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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