With two units vacant, and an additional two units vacating, prospective buyers could pursue converting these four units plus any future turnovers into furnished rentals maximizing income. The displayed GRM, Cap, plus Schedule Income assumes four units are rented as furnished rentals. This 21 unit apartment building is centrally located in the Nob Hill district, not far from Downtown San Francisco. Built in 1909, a wood frame structure with concrete foundation. 65' height limit. 13-Studios, 8-one bdrms, plus a small basement office unit. Several upper units boost great Golden Gate Bridge and Bay views. Many capital improvements including compliance with retrofit requirements. Others include: New water heater tanks & boiler, partial exterior painting, new common area carpet and exit lighting, new plumbing waste stacks on north and west sides. 8 storage lockers and a small office. Newer electrical panels, separate meters. Rolled Composite roof.
1312 Jackson Street is a 21 unit apartment building centrally located in the
Nob Hill district of San Francisco. The property is located on the north side of
Jackson Street just west of Leavenworth. The historic San Francisco Powell
/ Hyde Cable Car line runs westerly in front of the property in route to iconic
Lombard Street and Fisherman' s Wharf stops. The building is also within
walking distance to shopping, restaurants, and nightlife and conveniently located
to public transportation and freeway access.
