• Address:
    237 Leavenworth Street, San Francisco, CA, 94102
  • Neighborhood:
    Tenderloin
  • Sq. Ft.
    11,960
    Sq. Ft.
  • Info:
    Bedrooms: 0
    Parking: 0
  • Price:
    $4,999,000
    $418 / Sq. Ft.

Property Description

Priced to sell at 12.6 GRM and 5.5% Cap Rate! 237 Leavenworth is a concrete and steel building that was constructed in 1922. There are 23 studio units that are spacious and charming with hardwood floors and period charm. The units are separately metered for gas and electricity. Heat is supplied through wall-furnaces, and is paid for by the tenants. There are two very large storage areas at the ground-level that will be delivered vacant and may offer ADU potential. Under the same ownership for many years, this building has been extremely well-maintained and managed. The excellent tenant profile also helps provide a clean and quiet living environment. This is a truly turn-key asset with excellent cash-flow and upside. No retrofit required. Excellent financing available will provide 5% cash on cash return!

Price Insights

Estimate $4,999,000
Price per Square Foot $418 / Sq. ft.

Home Facts

Property Type 16 - 30 Unit
Bedrooms
Bathrooms
Interior Area (Sq. Ft.) 11,960
Year Built 1922
Status closed
Days on Market 1358
MLS (closed) 480741

Property Location

  • * Listing Courtesy of: Compass
  • * Disclaimer: MLS listing information is deemed reliable but is not guaranteed by the service.
  • * Listing Agent: Adam Filly

Listing Details for 237 Leavenworth Street

Property History for 237 Leavenworth Street

  • Today
  • 2019-07-09
    Date
    Sold
    San Francisco MLS #480741
    $4,999,000
    Price

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Matt Fuller

Certified International Property Specialist.

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    237 Leavenworth Street, San Francisco, CA, 94102




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