$3,695,000 | 8 UNITS | CORONA HEIGHTS
Just Listed
1230 Clayton Street
6.0%
Cap Rate
11.3
GRM
5,210
Square Feet
2,909
Lot Square Feet
1230 Clayton Street is an 8-unit investment property situated above Cole Valley,
near Twin Peaks. Constructed in 1958, the property consists of eight one-bedroom
apartments, each with a private deck and city views. Several units enjoy panoramic
views of downtown San Francisco. The building also offers eight individual parking
spaces, one for each apartment.
The apartments and common areas feature a clean mid-century modern aesthetic.
Some units have benefited from recent updates, including remodeled kitchens
and bathrooms. Three apartments will be delivered vacant, providing immediate
flexibility for a new owner. Each unit is separately metered for gas and electricity
and has its own furnace, helping to minimize operating expenses.
The property's elevated location offers convenient access to Cole Valley, Haight-
Ashbury, the Castro, and Noe Valley. With attractive amenities, updated interiors,
and strong in-place income, 1230 Clayton Street presents an excellent opportunity
to acquire a turnkey investment property priced at an 11.3 GRM and 6% cap rate!