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568 Folsom St 6 Unit Apartment Building $2,450,000 ($408,333/Unit) 6.74% Cap Rate San Francisco, CA 94105

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INVESTMENT HIGHLIGHTS

  • Prime TransBay location, walking distance to major employers and retail spaces
  • Excellent multi-family ground up development opportunity combing with the adjacent 2,000 sf lot
  • All five units will be delivered vacant
  • 250-S Height limit

EXECUTIVE SUMMARY

Ground Matrix is pleased to present this incredible opportunity to own 568 Folsom Street, a 5 unit multi-family property, can be delivered 100% vacant. Fantastic development opportunity combined with adjacent property 566 Folsom, total of 4,000 sf site to be entitled with 250-ft height limit.

PROPERTY FACTS

Price $2,450,000
Price Per Unit $408,333
Sale Type Investment
Cap Rate 6.74%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,400 SF
Average Occupancy 97%
No. Stories 2
Year Built 1906
Zoning C3, San Francisco - Commercial

AMENITIES

UNIT AMENITIES

  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - 700
3+2 1 - -
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3736-024
Land Assessment
$1,400,544
Improvements Assessment
$1,400,544
Total Assessment
$2,801,088
  • Listing ID: 26732197

  • Date on Market: 9/28/2022

  • Last Updated:

  • Address: 568 Folsom St, San Francisco, CA 94105

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