1321 Columbus Ave 8 Unit Apartment Building $2,800,000 ($350,000/Unit) 4.79% Cap Rate San Francisco, CA 94133

Attractive Mid-Century 8-Unit Apartment Building located in the heart of iconic North Beach! This well-maintained property sits on a 3,484 square foot L-shaped lot with approximately 5,350 +/- square feet of net rentable space. The average unit size is close to 700 square feet, and the building offers a mix of one large studio unit, four 1-bedroom / 1-bathroom units, and three 2-bedroom / 1-bathroom units. Three out of the eight units have been renovated head-to-toe with sparkling flooring, fully equipped kitchens, in-unit laundry, and double paned windows. The common areas feature three separate garages offering a total of 5-car parking, multiple storage rooms, common laundry room, and an elevator which services all levels. Recent capital improvements include a completed soft-story seismic retrofit, fire alarm upgrade (SFFC Section 1103.7.6.1), relocation of brand-new gas meters, roof & skylights replacement, and common area cosmetic upgrades. The building is professionally managed, beautifully maintained, and offers tremendous upside potential. Conveniently located - just a short stroll from Ghirardelli Square, Aquatic Park, Fisherman's Wharf, Washington Square Park, Grant Avenue boutique shops, local cafes, and popular restaurants & nightlife. Commuting into the financial district & downtown is easily accessible with quick access to public transit, and it's a Walker's Paradise'' with a 97 Walk Score!