1329-1333 Powell St, SAN FRANCISCO, CA

$1,698,000

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4,372

Square feet

0.03

Acres

About 1329-1333 Powell St

1329 - 1333 Powell Street is a conveniently located eight-unit mixed-use property nestled in Nob Hill, near the heart of Chinatown and North Beach. The building is comprised of six spacious 2 bedroom, 1 bathroom apartments and two ground floor retail spaces. Five units were recently renovated and are vacant. Separate metering for gas and electricity. Capture the potential for increased returns with sizable passthrough banked-rent opportunities. Beautiful views of Coit Tower and Golden Gate Bridge. With recent enhancements and a portion of units available for immediate occupancy, 1329 - 1333 Powell Street stands as an enticing investment prospect, offering a compelling 6.35% Cap rate and 11.29 GRM upon full occupancy. Whether you're a seasoned investor or venturing into real estate for the first time, seize the opportunity to elevate your portfolio with this prime asset.

Features of 1329-1333 Powell St

MLS® # ML81960141
Price $1,698,000
Square Footage 4,372
Acres 0.03
Year Built 1906
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 1329-1333 Powell St
Area Nob Hill
City SAN FRANCISCO
County San Francisco
State CA
Zip Code 94133

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Is Waterfront No

Interior

Heating Electric Heat
Cooling No Cooling
Fireplace No

Exterior

Roof Tar and Gravel Roof
Foundation Concrete Perimeter & Slab

Additional Information

Zoning CRNC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentBob Johnston
OfficeColdwell Banker Realty
Contact Info650-400-5039

Listing Map

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