Contingent - Show

5430 Geary Boulevard

San Francisco CA, 94121

$6,250,000


$474.92 per sqft

Contingent - Show

13,160 sqft

Commercial

Built in 1916

A Triple NET for commercial units! An incredible investment opportunity! The building is situated in a prime San Francisco Central Richmond location, comprises a total of 15 units with 7 commercial units at ground floor and 8 residential units at upper floor. The property boasts approximately 13,160 square feet of rentable spaces, proximity to essential amenities, making it an appealing destination for both businesses and residents. icon tenants including a Sterling bank, post office, and renowned restaurants, offering convenience and HIGH foot traffic for commercial ventures. Many of the residential units have been thoughtfully remodeled, showcasing modern upgrades that enhance their appeal, feature granite kitchens and newly tiled bathrooms. Excellent location at the corner of 19th Ave. and Geary Blvd. Ideal for owner user and investors. Current cap rate of 7.75% and Pro Forma cap rate 10.19%! This property presents a turn-key investment opportunity with upside in rents. Excellent walker's paradise and investment opportunity!

423926656

MLS ID

December 12, 2023

Listed

May 9, 2024

Updated

Map

5430 Geary Boulevard
San Francisco CA, 94121

Interior Features

Total Stories

0


Floor Description

Linoleum, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Multi Units, Wall Furnace

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

Corner Lot, Freeway Nearby, Neighborhood, Near Public Transit, Restaurant Nearby, Shopping Nearby


Roof

Tar/Gravel

Other Property Details

Area Name

SF District 1


Garage

No


Parking Total

0


View

No


County

San Francisco


Water Source

Public


Pool

No

Listing History

Date

Event

Price

4/27/2024

Under Contract

4/11/2024

Price Change

$6,250,000

-8%

Listed by Christina C Chung with Coldwell Banker Realty

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 5/9/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Renée Gonsalves | CA DRE# 01365295 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:06 AM UTC, 5/9/2024

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