About 625 5th Avenue
Low maintenance 4-unit building with great rents in the desirable Inner Richmond neighborhood. Well maintained building with strong rents, good tenant profile, ADU & expansion possibilities, and recent upgrades. Built in 1968, the building consists of two two-bedroom units, and two one-bedroom units, all good condition with spacious layouts, good light. 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 building has common laundry for all four units, bike storage, and 6 parking spaces, and separately metered gas & electric. The Inner Richmond is a sought after area - close to MUNI, Geary Blvd, Golden Gate Park, many neighborhood restaurants, shops, groceries, and conveniences, & 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, Peets Coffee, Bella Trattoria, Rossi Park. Gross Scheduled Rent: $154,224; GRM 12.9; Cap 5.14. Recent Upgrades: New Sewer, Exterior Painting, Various Unit Interior Updates.
