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$3,795,000 | 6 UNITS | PACIFIC HEIGHTS

Just Listed


1803 Broadway 

6

Units

11.3

GRM

5.7%

Cap Rate

$514

Price per Square Feet

1803 Broadway is a six unit apartment building located in a prestigious Pacific Heights location. Constructed in 1965, the property consists of three 3bd/2ba and three 2bd/2ba apartments. Two of the units will be delivered vacant. There is a shared garage that accommodates four cars and a private garage for one vehicle. The private garage and one shared space will be delivered vacant. The units have parquet floors, fireplaces, and a unique mid-century feel. The building is serviced by an elevator. There are separate meters for gas and electricity. The property has been maintained to a high standard which is evident throughout the common areas and apartments. Recent upgrades and compliance items include the soft-story retrofit in 2015, rear roof replaced in 2022, front roof replaced in 2016, and sleep alarms and fire panel in 2023. Situated on Broadway near Gough Street, tenants have easy access to the best of Pacific Heights, Cow Hollow, the Marina, and Polk Street. This premier location will keep these units in high demand. Priced to sell at only $514 per square foot and a 5.7% cap rate.

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