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$4,750,000 | 12 UNITS | NOE VALLEY

Just Listed


3730 25th Street

12

Units

11.8

GRM

5.4%

Cap Rate

11,600

Square Feet

3730 25th Street is 12 unit investment opportunity in a prime Noe Valley location. The property is situated between Dolores and Guerrero Streets and one block from the 24th Street retail and restaurant corridor, making this an extremely attractive rental location. The building consists of 11 two-bedroom apartments and 1 one-bedroom. There is a total of 13 parking spaces to provide extra income and convenience for the tenants. The structure and common areas have been very well maintained by the same family since the property was constructed in 1962, leaving little deferred maintenance for a new owner. Recent improvements include installing new subpanels in all apartments, sleep alarms, a soft-story seismic retrofit, new double-pane windows, a new water heater, and fresh paint. Most of the apartments have been updated in the recent past. There is a 350 Amp electrical service, and all apartments are separately metered for gas and electricity. This is an excellent opportunity to purchase a turn-key asset with upside in one of the city's best rental locations.

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