About 537 Hyde Street
This well-maintained 1923 building at 537 Hyde Street presents an excellent opportunity for investors. Offering 16 units, including 7 one- bedrooms and 9 studios, this property provides a solid foundation for strong rental income and long-term appreciation. Key Features: Strong Cash Flow: With a Gross Scheduled Income of $294,457, a 5.6% Cap Rate, and a GRM of 9.3, this property demonstrates attractive financial performance. Desirable Location: Located in The Tenderloin, this property benefits from proximity to public transportation, walkability to amenities, and strong tenant demand. Well-Maintained Building: This property features on-site laundry and a large, well-maintained yard/outdoor area for exclusive use of tenants, providing a comfortable and enjoyable living environment for residents. Investment Potential: This property offers opportunities for value enhancement through potential upgrades and rent increases, further enhancing its profitability.
Features of 537 Hyde Street
| MLS® # | 425010484 |
|---|---|
| Price | $2,750,000 |
| Bedrooms | 7 |
| Bathrooms | 0.00 |
| Square Footage | 11,748 |
| Acres | 0.12 |
| Year Built | 1923 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 537 Hyde Street |
|---|---|
| Area | SF District 8 |
| Subdivision | Downtown |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94109 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Garden, Shape Regular, None |
|---|---|
| Windows | Bay Window(s) |
Additional Information
| Date Listed | February 11th, 2025 |
|---|---|
| Zoning | RC-4 |
Listing Details
| Agent | Davis Nguyen |
|---|---|
| Office | Compass Commercial |