1375 Sacramento Street, San Francisco, CA

About 1375 Sacramento Street

1375 Sacramento Street is an exceptional mutli-family investment opportunity that has been cared for well beyond the common standard. Units are renovated and systems are newer. It should be as close as a 101 year old building can get to turnkey ownership. Efforts have been made to make the units green/eliminate fossil fuel consumption including the installation of heat pumps in three units and NVEM 2 application in process for the new owners to take over. There is potential to add an 8th unit. Previously approved plans are available to the new buyers (permit now expired). Architectural features of the Edwardian style remain intact throughout the interior and on the exterior faade, which will attract tenants looking for San Francisco charm. Additional charm is provided by the alley garden that lines the west side of the building providing lush outlooks from the lobby and units as well as welcome relief from the City when coming and going. Financially the building is equally a great proposition with a current actual cap rate of 5.3% and GRM of 12.35! Tenant profiles are excellent with only one long-term tenant out of seven. Parking space vacant for new owner convenience.

Listing Map