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669 Ellis St 14 Unit Apartment Building $2,100,000 ($150,000/Unit) San Francisco, CA 94109
EXECUTIVE SUMMARY
This professionally managed 14-unit studio apartment building is strategically located near Union Square and the Mid-Market Corridor, both of which are vital hubs for tourism and technology in San Francisco. The spacious units boast high ceilings and bay windows, enhancing the ambiance and appeal of each living space. Each apartment is equipped with separate meters for gas and electricity, allowing tenants to manage their utility costs independently. Heating is provided by a steam boiler. Significant renovations have taken place in recent years, elevating the quality of the living spaces. Currently, four units are vacant, with one undergoing renovation and another recently finished. 669 Ellis St presents substantial upside potential for rental income, along with opportunities for continued growth and improvement.
PROPERTY FACTS
| Price | $2,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $150,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Sale Condition | REO Sale | Building Size | 7,654 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1909 |
| Property Subtype | Apartment | ||
| Zoning | RC-4, San Francisco - Residential - CommeRCial, High Density (1 Unit Per 200 Sf) | ||
| Price | $2,100,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 7,654 SF |
| No. Stories | 3 |
| Year Built | 1909 |
| Zoning | RC-4, San Francisco - Residential - CommeRCial, High Density (1 Unit Per 200 Sf) |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Heating
- Bay Window
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Sprinkler System
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | 318 |
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 0335-018 | Improvements Assessment | $1,361,228 |
| Land Assessment | $1,682,847 | Total Assessment | $3,047,634 |
PROPERTY TAXES
Parcel Number
0335-018
Land Assessment
$1,682,847
Improvements Assessment
$1,361,228
Total Assessment
$3,047,634
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Presented by
SkyGroup Realty Inc.
669 Ellis St
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