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SOMA Triplex with One Vacant Unit 176-180 Langton St 3 Unit Apartment Building $1,495,000 ($498,333/Unit) 4.68% Cap Rate San Francisco, CA 94103



INVESTMENT HIGHLIGHTS
- 3-unit Apartment Complex with a Great SOMA Location
- One Vacant Unit– Perfect for an Owner-Occupant
- Easy to Manage Property - Separately Metered for Electric and Gas with Low Annual Operating Expenses
- Three Remodeled 1bd/1bth Units with Strong Cash Flow
- High-end Kitchens and Bathrooms, Wood Floors, Custom Lighting, Coin-op Laundry, and Molding
- High Demand Location Near Many Restaurants, Coffee Shops, Shopping Options, and a Short Distance to BART, Oracle Park, Chase Center, and More
EXECUTIVE SUMMARY
3-unit apartment complex with a great SOMA location featuring three 1bd/1bth units with strong current cash flow. The property was originally built in 1911, offers approximately 3,093 square feet of rental space, and offers a nice backyard with plenty of room for tenants to enjoy. Currently, there is one vacant unit making this a perfect opportunity for an
owner-occupant. All the units have been fully remodeled and offer high-end kitchens and bathrooms with granite countertops, custom lighting and molding, newer cabinets,
wood floors, double pane windows, new paint and more. The property is easy to manage and is separately metered for electric and gas providing low annual operating expenses.
The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an excellent location near countless restaurants, coffee shops, bars, and shopping options and only a short distance to BART, Oracle Park, and the Chase Center. This location is always in high-demand and rents fast given it’s close proximity to other popular districts such as Hayes Valley, Inner Mission, Noe Valley, Castro, etc.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE OR PRIVATE SHOWING.
owner-occupant. All the units have been fully remodeled and offer high-end kitchens and bathrooms with granite countertops, custom lighting and molding, newer cabinets,
wood floors, double pane windows, new paint and more. The property is easy to manage and is separately metered for electric and gas providing low annual operating expenses.
The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an excellent location near countless restaurants, coffee shops, bars, and shopping options and only a short distance to BART, Oracle Park, and the Chase Center. This location is always in high-demand and rents fast given it’s close proximity to other popular districts such as Hayes Valley, Inner Mission, Noe Valley, Castro, etc.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE OR PRIVATE SHOWING.
PROPERTY FACTS
| Price | $1,495,000 | Apartment Style | Low-Rise |
| Price Per Unit | $498,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 4.68% | Building Size | 3,095 SF |
| Gross Rent Multiplier | 14.26 | Average Occupancy | 66% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1911 |
| Property Subtype | Apartment | ||
| Zoning | RED SOMA, S F | ||
| Price | $1,495,000 |
| Price Per Unit | $498,333 |
| Sale Type | Investment |
| Cap Rate | 4.68% |
| Gross Rent Multiplier | 14.26 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,095 SF |
| Average Occupancy | 66% |
| No. Stories | 3 |
| Year Built | 1911 |
| Zoning | RED SOMA, S F |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
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SOMA Triplex with One Vacant Unit | 176-180 Langton St
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