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Prime Marina District Mixed-Use
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$2,700,000
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Sold
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2900 Franklin Street
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1924
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QUALITY 11 UNIT PROPERTY LOCATED ON THE CORNER OF FRANKLIN AND LOMBARD IN THE DESIRABLE MARINA DISTRICT OF SAN FRANCISCO. THE UNIT MIX CONSISTS OF 1 COMMERCIAL, 1 THREE BEDROOM, 4 TWO BEDROOMS, 3 ONE BEDROOM, 2 STUDIOS AND 6 PARKING SPACES (3R REFLECTS 10 UNITS). ALL UNITS ARE SPACIOUS FEATURING ONE BATHROOM, GREAT LIGHT, HIGH CEILINGS, INDIVIDUALLY METERED FOR GAS/ELECTRICITY AND FULLY SPRINKLERED. SOME UNITS BOAST HARDWOOD FLOORS AND DOUBLE PANED WINDOWS. FANTASTIC LOCATION, EDWARDIAN DETAILING, SPACIOUS FLOOR PLANS AND PRIDE OF OWNERSHIP MAKE THIS A WONDERFUL INVESTMENT OPPORTUNITY.
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Click here to download the full statement with rent roll income and expenses.
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PRICE: $3,399,999
YEAR BUILT 1924
APPROX SQ. FT. 8,561
UNITS: 11 (1 commercial & 10 residential)
(note 3R reflects 10 units total)
PARKING: 6 car
GRM: 12.73
CAP RATE: CURRENT: 4.55
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San Francisco Real Estate Agent Mary Toboni (415) 345-3002 | Developed by Georgetown Web Design
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