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    1857 Mason Street

    San Francisco, CA 94133
    • $3,395,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: 22017597
    UPDATED: 69 min ago
    $3,395,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,998
      SQFT
    • $679
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    REDUCED $100K. 1857-1859 Mason St - a mixed-use property in a prime location. This recently retrofitted apartment building consists of seven (7) 1BR/1BA apartments and a newly updated laundromat in the ground floor commercial space. Offering a fantastic opportunity to purchase a high-visibility mixed-use corner property with tremendous income upside potential in the City. The subject property is located between Filbert Street and Union Street at the edge of the active Russian Hill and North Beach Districts of SF. The building received a full seismic update per the City's soft story retrofit requirements in 2019. The central location places residents within easy walking distance to the Columbus Avenue corridor, Washington Square Park, Financial District and Northern Waterfront. Close to major commuter routes, residents can get anywhere in the City within minutes. Units are separately metered. Laundromat is separately metered for water with tenant responsible for their own water bill

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rapisarda Real Estate. Data last updated: 2020-11-27T11:55:49.273.
    www.raphomes.com/homes/108344099
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    1857 Mason Street San Francisco, CA 94133

    • Price: $3,395,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 22017597
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    4,998
    SQFT
    $679
    $/SQFT
    1908
    Built
    Neighborhood:
    San Francisco County
    County:
    San Francisco
    Area:
    San Francisco County
    Property Description
    REDUCED $100K. 1857-1859 Mason St - a mixed-use property in a prime location. This recently retrofitted apartment building consists of seven (7) 1BR/1BA apartments and a newly updated laundromat in the ground floor commercial space. Offering a fantastic opportunity to purchase a high-visibility mixed-use corner property with tremendous income upside potential in the City. The subject property is located between Filbert Street and Union Street at the edge of the active Russian Hill and North Beach Districts of SF. The building received a full seismic update per the City's soft story retrofit requirements in 2019. The central location places residents within easy walking distance to the Columbus Avenue corridor, Washington Square Park, Financial District and Northern Waterfront. Close to major commuter routes, residents can get anywhere in the City within minutes. Units are separately metered. Laundromat is separately metered for water with tenant responsible for their own water bill
    Exterior Features

    Carports 0 Exterior StuccoWood Siding Foundation Construct Reinforced Concrete Garages 0 Lot Description LevelCorner On Site Parking None Open Uncovered Spaces 0 Roof Other Rv Boat Spaces 0 Type 3 StoryApartmentsMixed Use Underground Spaces 0

    Interior Features

    Heat Cool Individual

    Property Features

    1 Bdrm Ann Occupancy 100.00 1 Bdrms Occupied 7 1 Bedroom Rent Range 855-1128 1 Bedrooms 7 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 0 2 Bedroom Rent Range 0 2 Bedrooms 0 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Actual Auction No Cap Rate 3.22 City Transfer Tax Yes City Transfer Tax Rate 0.00 Comm Units Rent Rang 8150 Commercial Units 1 Common Int Dev No Est Insurance Exp 4816.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 1088.00 Est Net Income 125829.00 Est Taxes 43522.00 Est Total Annual Exp 55179.00 Est Utilities Exp 5753.00 Expense Source Owner Furnished Units 0 GRM 18.76 Gross Scheduled Inc 181008.00 Guest Spaces 0 Laundry Appliance None Lease Deposit 0.00 Lot Size Source (Realist Public Rec) Monthly Expenses 4598.25 Monthly Income 15084.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc GarbageInsuranceMiscellaneousVacancy FactorWater Planned Unit Develop No Sewer Septic Sewer Public Square Footage Source Realist Public Rec Studio Ann Occupancy 0.00 Studio Rent Range 0 Studios 0 Studios Occupied 0 Transaction Type Sale Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Rick Stern of Vanguard Properties.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rapisarda Real Estate. Data last updated: 2020-11-27T11:55:49.273.
     
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    Rapisarda Real Estate
    785 Alamo Drive, Suite 120
    Vacaville CA, 95688