Comparable MLS entry only. This 5 unit building includes half of the SF Legacy business El Rio Bar in the full ground floor street-level commercial space and rear patio shared with 3154-3156 Mission. 4 rent control apartments on the 2nd and 3rd floors of the building delivered vacant, 2 are remodeled and ready to rent. Stated income is half of bar rent buyer negotiated direct with bar tenant (seller charged less). No income included for 4 vacant apartments with historical rents of $3500 – $4500 each. As-is sale. A billboard on roof pays $75 a month, seller believes this rent per agreement is higher and transfers claim to any past due rent to buyer, the $75 per months is included in building income. 3154- 3156 Mission sold to the same buyer.
Listing Courtesy of: Bill Harkins Brokerage, Bill Harkins
Buyer represented by Louis Cornejo at Urban Group Real Estate
MLS listing information is deemed reliable but is not guaranteed by the service.