$2,650,000 | 6 UNITS | INNER RICHMOND

Just Listed

538 3rd Avenue

6

Units

4.8%

Cap Rate

13.9

GRM

4,328

Square Feet

538 3rd Avenue is a six-unit apartment building in the Inner Richmond. Constructed in 1964, the building consists of 4 two-bedrooms and 2 one-bedrooms. The garage and pad at the rear of the building accommodate parking for six cars. The apartments are separately metered for gas and electricity, keeping operating expenses low. Three of the units will be delivered vacant at close of escrow, allowing a new owner to perform upgrades and select tenants at their discretion. The property is compliant with the San Francisco Soft-Story Ordinance. Many of the windows have been upgraded to double pane windows over the years. Overall the property has been maintained to a high standard.