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Listed by Michelle An Compass
$1,499,990
Est. payment /mo
2,820 SqFt
UPDATED:
10/07/2024 10:43 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,820 sqft
Price per Sqft $531
MLS Listing ID 424042627
HOA Y/N No
Year Built 1925
Lot Size 2,509 Sqft
Acres 0.0576
Property Description
Rare and Exceptional Owner-User Investment Opportunity! This mixed-use property at 5284-5290 Mission presents a compelling investment opportunity with a solid cap rate of 7.7%. The well-maintained 4-unit building comprises 2 residential and 2 commercial units, offering excellent income potential in the vibrant Mission neighborhood. The residential units include a 3-bed/1-bath unit and a 1-bed/1-bath unit, both in good condition and without protected tenants. On the ground level, there's a profitable laundromat (business is included in the sale) and an established barber shop, contributing to the diverse income streams of the property. With separate water and PG&E meters, an upgraded electrical system, and an auto magnetic door lock system in the laundromat, this property is well-equipped for efficiency and security. Roof replaced in 2014. Its prime location near public transportation, local businesses, and easy freeway access further enhances its appeal as a promising investment opportunity.
Location
State CA
County San Francisco
Area Sf District 10
Interior
Fireplace No
Exterior
Utilities Available Separate Gas Meter
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7031003F
Acceptable Financing Other
Listing Terms Other
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870