About 2824-2828 Geary Boulevard
2828 Geary Blvd. (APN 1069-016) and 2824 Geary Blvd. (APN 1069-015) are adjoining buildings which are being sold together totaling 12 units. 2828 Geary consists of 6 apartment units and 1 commercial space. 2824 Geary consists of 4 apartment units, 1 commercial space, and 1 car parking. 6 out of 10 apartments have been updated with new kitchens, bathrooms, and in-unit laundry. The soft story retrofit has not been completed. Approved permits are available. Each building has a vacant bonus room which may be considered for ADU conversion. Offered at 7.0% Cap Rate, 9.17 GRM, $327/ft., 2824 Geary offers a buyer excellent value in a core, SF location.
