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$6,200,000 | TWO BUILDINGS | 17 UNITS

Just Listed


371-391 San Jose Avenue

17

Units

11.4

Combined GRM

6.0%

Combuned Cap Rate

13,065

Combined Square Feet

371 and 383 San Jose Avenue are two side-by-side apartment buildings on the border of Noe Valley and the Mission District. Totaling 17 units, these properties can be purchased separately or together. 371 San Jose is 8 units and 383 San Jose is 9 units. The combined unit mix is 7 two-bedrooms, 4 one-bedrooms, and 6 studios. Two of the two-bedroom units will be delivered vacant. These units retain much of their Victorian charm with high-ceilings, wood floors, and decorative fireplaces. Both buildings have been seismically upgraded and are compliant with the San Francisco Soft- Story Ordinance. Both properties are sleep alarm compliant. These buildings are very efficient and provides low operating expenses.

 

Located on a quiet tree-lined street, these buildings provided tenants with a peaceful existence, but are still within walking distance to many conveniences. It provides easy access to the countless shops, restaurants, and nightlife of Valencia Street, 24th Street, and Bernal Heights. It is minutes away from Hwy 280 and within walking distance to 24th Street BART.

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