780 Van Ness Avenue

San Francisco, CA, 94110

$12,000,000

$428 per ft²
$12,000,000
$428 per ft²
Active
Active
 - For Sale
beds
36 Beds
carpenters-square
27,982 ft²
property_type
Multi-family
calendar
Built 1990
780 Van Ness Avenue is a 20 unit four-story mixed-use building occupying a 0.34-acre parcel with 18 two-bedroom/two-bathroom rental apartments above two ground-floor commercial spaces and 22 parking spaces. The commercial space was formerly occupied by Walgreens who is on lease until 8/2025 and will continue to pay full rent until then. The cap rate is 5% based on current income. 780 Van Ness Avenue and 755 Eddy Street comprise a 0.45-acre site and are being offered together. The Properties were both developed by current ownership, in 1990 and 2003 respectively, and have been well maintained and operated ever since. Based on the date of construction they are not subject to SF rent control. The Properties represent a high-quality opportunity for an investor to acquire well-located, stabilized assets in a core San Francisco neighborhood that also offer substantial redevelopment potential.
MLS® ID:
422704485
Listed:
10/23/22
Updated:
11/29/22

Interior Features

Total Bedrooms
36
Total Bathrooms
0

Exterior/Building Features

Lot Size
0.33 acres lot
Lot Details
Corner Lot

Other Property Details

Area Name
SF District 8
Garage
No
Parking
Uncovered
Parking Total
22.0
View
N
County
San Francisco
Pool
No
Total Stories
4
Zoning
RC4

Courtesy of John Antonini, DRE #, Compass Commercial
Listing Contact:  

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 11/29/22.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jessie Lee shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 8:51 AM UTC, 11/29/22

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