About 625 5th Avenue
Located in the desirable Inner Richmond neighborhood, the property is a low maintenance four-unit building in great condition, with strong rents, good tenant profile, and excellent ADU & expansion possibilities. Built in 1968, the building consists of two two-bedroom units, and two one-bedroom units, all well maintained with spacious layouts. The top rear 2BR unit (#4) has a large deck spanning the front of the unit. All units are rented since 2022, providing excellent immediate investment income. The units are separately metered for gas and electricity. The building has common laundry for all four units, bike storage, and 6 parking spaces. The Inner Richmond is a sought after area for tenants, close to MUNI, Geary Blvd, Golden Gate Park, many neighborhood restaurants, shops, groceries, and conveniences, as well as providing easy access to Marin and the Peninsula. Local conveniences within a few blocks include the De Young Museum, CA Academy of Sciences, Arguello Market, Safeway, Rise and Grind Coffee, Cinderella Bakery, Peet?s Coffee, Bella Trattoria, Rossi Park. Gross Scheduled Rent: $154,224; GRM 12.9; Cap 5.36. Recent Upgrades: New Sewer, Exterior Painting
