Views
Address
1006-1008 Sutter St, San Francisco, CA
Price
$ 1,350,000
Property Attributes
  • MLS#424018096
  • TypeMulti-Family
  • CountySAN FRANCISCO
  • CitySan Francisco
  • AreaDowntown
  • NeighborhoodDowntown
  • Zip94109
  • Style
  • Price$ 1,350,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2640
  • Lot Size0.0355 Acres
Data Source:
San Francisco AOR (SFMLS)
Property Description

This is a two unit building that consist of a ground floor retail/office space and an updated 2 bedroom/2 bathroom apartment unit on the 2nd floor. There is exposed brick through both units and there are high end finishes throughout. There are very short term below market rate leases in place, +- 6-8 months, on both spaces. The combined income is +- $9,450.00 per month. This allows a buyer to either use any portion of the building for themselves or purchase it as an investment and continue to rent out the spaces.. This building has always rented quickly and is very desirable. The property is located in a very seasoned neighborhood with strong economic tendencies. The amenities in the neighborhood are abundant as there has been a very large population of residents that have been living in Nob Hill for many years. Its central location, close proximity to downtown and Union Square, abundant public transportation and many fun restaurants and shopping make this one of the premier places to live and work in San Francisco.

Price History
3/22/2024 Listed $1,695,000
3/29/2024 21% - $1,350,000

General Features

Interior Features Skylight(s),Storage Area(s)
Heating Central,MultiZone,Varies by Unit
Lease Type Net
Cooling Central,MultiZone,Separate,Varies by Unit
Utilities Cable Available,Electric,Internet Available
Possession Close Of Escrow,Negotiable
Appliances Built-In Gas Oven,Built-In Gas Range,Built-In Refrigerator,Dishwasher,Disposal,Free Standing Freezer,Free Standing Refrigerator,Gas Water Heater,Microwave,Varies By Unit
Garage Spaces 0.00
Construction Materials Brick,Masonry,Wood
Year Built 1907
View City,Varies by Unit
Stories 2
Levels One,Two
Property SubType Duplex
Census Tract 0.00
Accessibility Varies By Unit
County San Francisco
Property Type Residential Income
HOA / Comm Assn No
Gross Rent Multiplier 142.86
Total Rooms 6
Close Price 0.00
Status Active
ModificationTimestamp 2024-03-29 11:35:25.0
City San Francisco
Zoning Description RC-4 Residential- Commercial High Density
Open Parking Spaces 0.00
NumberOfUnitsTotal 2
MLS Area SF District 8
Lot Size Units SqFt
Lot Size Square Feet 1546.00
Other Unit(s) Office(s),Store(s)
Carport Spaces 0.00
Number of Units Leased 2
Property Condition Updated/Remodeled
Ok to Lease Less Than 12 Months
Subtype Description Apartments,Mixed Use
Days on Market 81
Standard Status Active
UnitTypeCommercialUnitsTotal 1
Subdistrict Downtown
Cap Rate -0.13

Interior Features

Basement None
Flooring Simulated Wood,Vinyl,Wood
Unit 2 Bedrooms 2
Unit 1 Rent 5500
Unit 2 Type Apartment
Unit 1 Type Office
Unit 2 Description Renovated 2 Bedrooms/2 Full Bathrooms
Unit 1 Description Ground Floor renovated office/retail Unit
Furnished Units None
Unit 1 # of Rooms 5
Unit 1 Approx SqFt 1550
Unit 2 Approx SqFt 1100
Laundry Features Laundry Closet,Varies by Unit
Unit 2 Bedroom Units Total 1
Unit 1 Partial Baths 1
Unit 1 SqFt Source Owner
Unit 2 SqFt Source Owner

Exterior Features

Lot Features Garden,Private
Total Parking 0.00
Foundation Details Brick/Mortar
Lot Size Acres 0.0355
Covered Spaces 0.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94109

Price
AVG $5.14M
$1.35M
Visits
AVG 54
46
Data Provided by Inside Real Estate®
Year Built
AVG 1916
1907

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