• Address:
    565 Ellis Street, San Francisco, CA, 94109
  • Neighborhood:
    Tenderloin
  • Sq. Ft.
    7,052
    Sq. Ft.
  • Info:
    Bedrooms: 0
    Parking: 0
  • Price:
    $2,920,000
    $414 / Sq. Ft.

Property Description

Priced to sell at 10.8 GRM - 5.5% Cap Rate. 565 Ellis Street is a 17 unit building near Civic Center and the Van Ness Corridor. The property consists of 16 studios and 1 commercial space. Most of the studios have been nicely remodeled in the recent past, including the 8 units that will be delivered vacant. The units have hardwood floors, stone countertops, shaker cabinets, and double-paned windows. The commercial space is occupied by a courier service who has been a tenant for about 10 years. There is new carpet and paint in the common areas, providing welcoming feel for the tenants. This is a great opportunity to purchase a turnkey asset that provides both cash flow and upside.

Price Insights

Estimate $2,920,000
Price per Square Foot $414 / Sq. ft.

Home Facts

Interior Area (Sq. Ft.) 7,052
Bedrooms 0
Bathrooms 0
Year Built 1922
View
Status closed
Days on Market 233
MLS (closed) 421609772
Property Type 5 or More Unit

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 565 Ellis Street

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Matt Fuller

Certified International Property Specialist.

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    565 Ellis Street, San Francisco, CA, 94109





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