About 620 Eddy Street
Recent $400,000 price reduction, motivated seller! 620 Eddy St features a 35-unit multifamily property located in the City of San Francisco, CA in Downtown/Tenderloin district. The property is a four-story building containing 16,363 square feet situated on a 0.14 acre lot located on the corner of Larkin & Eddy street, not subject to the San Francisco Soft Story retrofit ordinance. Built in 1910, the unit mix is comprised of thirty (30) studios and five (5) one-bedroom/one-bath units. Most units have been lightly renovated with new flooring, granite counter tops and new paint upon turnover. While the current ownership has maintained strong in-place rents, there is vacancy for further upside potential by lease up at actual market rents the owner has achieved recently. The roof is flat tar & gravel within ten (10) years old, and there is a boiler with steam heating in each unit. The building is separately metered for gas & electric, while the owner pays water & garbage. This property is being sold in conjunction with 237 Leavenworth St.
Features of 620 Eddy Street
MLS® # | 423738960 |
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Price | $5,250,000 |
Bedrooms | 5 |
Bathrooms | 0.00 |
Square Footage | 16,363 |
Acres | 0.14 |
Year Built | 1910 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 620 Eddy Street |
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Area | SF District 8 |
Subdivision | Tenderloin |
City | San Francisco |
County | San Francisco |
State | CA |
Zip Code | 94109 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Exterior
Lot Description | None |
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Additional Information
Date Listed | May 3rd, 2023 |
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Listing Details
Agent | Michael B Johnston |
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Office | Berkshire Hathaway Drysdale Properties |