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Listed by Michelle An Compass
$1,499,990
Est. payment /mo
4 Beds
2 Baths
2,820 SqFt
UPDATED:
12/19/2024 04:08 AM
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,820 sqft
Price per Sqft $531
MLS Listing ID 424044696
Bedrooms 4
Full Baths 2
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
Building
Lot Description Other
Story 2
Sewer Public Sewer
Water Separate Meter, Public
New Construction Yes
Others
Tax ID 7031003F
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870