5358-5360 Mission ST

SAN FRANCISCO, CA, 94112

$1,050,000

$500 per ft²
$1,050,000
$500 per ft²
Active
Active
 - For Sale
carpenters-square
2,100 ft²
property_type
Multi-family
calendar
Built 1925
Wonderful 3 unit mixed-use property in the Outer Mission. All units exempt from rent increase limitations associated with the San Francisco Rent Control Irdinance! Upstairs is a large, renovated 2-bed/2-bath residential unit (1,000+ SqFt), downstairs are two commercial units, a hair salon & day care. Spacious backyard. Residential unit was renovated down to the studs with high-quality, condo-like specs. Option to convert dining room in the residential unit into an additional bedroom. Rents for all units well below market, providing significant rent upside. Pro Forma cap rate 6.03%. The hair salon & day care have a stable operating history (8+ Years). Low-maintenance property: commercial tenants responsible for interior repairs & maintenance, residential unit pays all utilities. Walking distance to BART, City College, Whole Foods, Safeway, & McLaren Park, close to shopping & restaurants. Excellent opportunity for the cash flow & appreciation minded investor. Offering memo available.
MLS® ID:
ML81898449
Updated:
10/2/22

Interior Features

Kitchen Features
Cooktop - Gas, Exhaust Fan, Hood Over Range, Oven - Gas
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Hookups Only
Cooling
None
Heating
Central Forced Air - Gas, Fireplace

Exterior/Building Features

Lot Size
2,095 ft² lot
Lot Details
Grade - Level, Regular
Roof
Bitumen, Flat / Low Pitch
Sewer
Sewer - Public

Other Property Details

Area Name
25215
Garage
Yes
Parking
On Street
View
Y
County
San Francisco
Utilities
Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Water Source
Public
Pool
Yes
Total Stories
2
Zoning
NC2

 

Courtesy of Ismael Benhamida, Compass

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Data last updated 4:32 PM UTC, 10/2/22

 

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