San Francisco, CA 94133,13291333 Powell ST
San Francisco, CA 94133,13291333 Powell ST
San Francisco, CA 94133,13291333 Powell ST
San Francisco, CA 94133,13291333 Powell ST
San Francisco, CA 94133,13291333 Powell ST
San Francisco, CA 94133,13291333 Powell ST
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$1,575,000

$1,698,000

7.2%
Est.Price: ?

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Est. payment /mo

1,167 Sqft Lot


SOLD DATE : 08/21/2024

Key Details

Sold Price $1,575,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81960141

Sold Date 08/21/24

HOA Y/N No

Year Built 1906

Annual Tax Amount $20,400

Lot Size 1,167 Sqft

Property Description

1329 - 1333 Powell Street is a conveniently located eight-unit mixed-use property nestled in Nob Hill, near the heart of Chinatown and North Beach. The building is comprised of six spacious 2 bedroom, 1 bathroom apartments and two ground floor retail spaces. Five units were recently renovated and are vacant. Separate metering for gas and electricity. Capture the potential for increased returns with sizable passthrough banked-rent opportunities. Beautiful views of Coit Tower and Golden Gate Bridge. With recent enhancements and a portion of units available for immediate occupancy, 1329 - 1333 Powell Street stands as an enticing investment prospect, offering a compelling 6.35% Cap rate and 11.29 GRM upon full occupancy. Whether you're a seasoned investor or venturing into real estate for the first time, seize the opportunity to elevate your portfolio with this prime asset.

Location

State CA

County San Francisco

Zoning CRNC

Interior

Heating Electric

Cooling None

Fireplace No

Exterior

Roof Type Tar/Gravel

Building

Water Public

Schools

School District San Francisco Unified

Others

Tax ID 0159003

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Bob Johnston • Coldwell Banker Realty
Bought with Olivia Lum
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+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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