About 2809 24th Street
100K price improvement. Don't miss an opportunity for instant cash-flow: incredible mixed-use property that combines both commercial and residential spaces presenting a potential monthly income of $10K, making it an enticing prospect for savvy investors seeking a high-yield property. Situated in the heart of the Inner Mission District, this property enjoys a prime location renowned for its dynamic energy and urban appeal. It consists of a VACANT 2-bedroom 1-bathroom residential unit on the upper level and a Japanese Restaurant (9 years in business) on the lower level. With a solid rental history and established tenant base, this property generates an impressive monthly income. Secure this exceptional investment property boasting a 5.5-6.5% CAP Rate. Capitalize on its solid income generation, prime location, and potential for future appreciation.
Features of 2809 24th Street
| MLS® # | 424006249 |
|---|---|
| Price | $1,418,000 |
| Bedrooms | 2 |
| Bathrooms | 0.00 |
| Square Footage | 1,910 |
| Acres | 0.04 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 2809 24th Street |
|---|---|
| Area | SF District 9 |
| Subdivision | Inner Mission |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94110 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Other |
|---|
Additional Information
| Date Listed | January 24th, 2024 |
|---|
Listing Details
| Agent | Kevin Zhou |
|---|---|
| Office | KW Advisors |