$3,500,000 | 12 UNITS | LOWER PACIFIC HEIGHTS
Just Listed
1760 Broderick Street
12
Units
4.9%
Cap Rate
11.9
GRM
6,578
Square Feet
1760 Broderick Street is a well-located 12 unit apartment building situated on a prominent corner in Lower Pacific Heights. The property consists of twelve studio apartments, most of which have been remodeled, and benefits from abundant natural light throughout the building.
The location provides convenient access to the shops and restaurants of Presidio Heights and Pacific Heights, as well as the Divisadero Street corridor. The property offers approximately 74% upside in rents, providing substantial income growth potential. Additional features include five garages, coin-operated laundry, separate gas and electrical meters, and a steam boiler.
The property is also fire alarm and soft story seismic retrofit compliant. With a desirable location, improved apartment interiors, and significant rental upside, 1760 Broderick Street presents an excellent multifamily investment opportunity.