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$5,500,000 | 21 UNITS | LOWER PACIFIC HEIGHTS

Just Listed


750 Presidio Avenue

21

Units

11.6

GRM

5.4%

Cap Rate

$378

Price per Square Feet

Offered for sale for the first time in over 50 years, 750 Presidio is a 21 unit apartment building in San Francisco’s Lower Pacific Heights neighborhood. This classic corner Marina Style building consists of 9 one-bedroom and 12 studio units. There are 20 individual garage spaces. The property is fully occupied.
The units boast spacious floor plans, hardwood floors, large closets, and loads of period charm. They have been well-maintained, but modestly upgraded over the years, allowing a new owner to realize tremendous upside potential upon unit turnover. The units are separately metered for gas and electric. There is a newer steam boiler for heat and separate system for hot water. The soft-story seismic retrofit was completed in 2018.


Located in Lower Pacific Heights, this world class location has much to offer tenants. Within walking distance of Presidio Heights, Laurel Village, and Pacific Heights, there is a plethora of shopping, dining, and neighborhood conveniences nearby. Also within walking distance is Trader Joe’s, the City Center mall
with Target and a new Whole Foods approved for completion.


Priced at only $378 per square foot and $261,549/unit, this is a true value-add opportunity in an excellent rental location.

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