California > Inner Richmond > 121 Clement 125 Street, San Francisco, CA, 94118

121 Clement 125 Street

San Francisco, CA

Inner Richmond
SOLD FOR$2,595,000ON 10/01/2018 for 100% of the list price $2,595,000
  • 3 UnitType
  • 3# of Units
  • 4,780Interior Area
  • 0Parking

PROPERTY DESCRIPTION

121-125 Clement Street is a three unit mixed-use property consisting of one retail commercial space and two full floor residential flats. The commercial space recently benefited from extensive tenant improvements and renovations. It is occupied by Color Me French Preschool with a lease expiring April 2021 with two, three (3) year options to extend. The residential flats consist of one 3BR apartment and one 4BR apartment. The two residential units are master leased at a rate of $7,250 per month. This is a turn-key investment that requires very little management and has a low expense ratio. Offered at a 4% + cap rate.

Property Type 3 Unit
Days on Market 1059
MLS (Sold) 471776
Interior Area 4,780
Year Built 1904

PROPERTY LOCATION

Listing Courtesy of: Marcus & Millichap, Nicholas Bonn

Buyer represented by Nicholas E. Bonn at Marcus & Millichap

Disclaimer

MLS listing information is deemed reliable but is not guaranteed by the service.