677 Ellis St, SAN FRANCISCO, CA

$2,475,000

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7,047

Square feet

0.05

Acres

About 677 Ellis St

677 Ellis Street presents a rare opportunity to acquire a fully renovated, turnkey 14-unit apartment building in the heart of San Francisco. Comprised of fourteen studio residences, the property offers investors an attractive 6.83% current CAP rate with stable in-place income and minimal deferred maintenance. Recent capital improvements include brand-new electrical throughout the building, while the units have been extensively renovated with high-end designer finishes, creating a modern living experience that appeals to today's urban renter. This is an ideal opportunity to own a quality, low-maintenance asset in one of San Francisco's most supply-constrained rental markets at only $176,000 per unit!

Features of 677 Ellis St

MLS® # ML82049753
Price $2,475,000
Square Footage 7,047
Acres 0.05
Year Built 1908
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 677 Ellis St
Area Tenderloin
City SAN FRANCISCO
County San Francisco
State CA
Zip Code 94109

Amenities

Utilities Public Utilities
Garages No Parking
Is Waterfront No
Has Pool No

Interior

Heating Gas
Cooling None
Fireplace No

Exterior

Roof Rolled Composition
Foundation Concrete Perimeter

Additional Information

Zoning RC4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEymon Binesh
OfficeMarcus & Millichap
Contact Info650-546-1030

Listing Map

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