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Listed by Mark E Bonn Compass Commercial
$3,385,000
Est. payment /mo
6 Beds
9,848 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,848 sqft
Price per Sqft $343
MLS Listing ID 426142691
Bedrooms 6
HOA Y/N No
Year Built 1926
Lot Size 4,726 Sqft
Acres 0.1085
Property Sub-Type Multi Family
Property Description
Classic Lower Haight Edwardian: 769 Haight Street Step into a piece of San Francisco history with this classic 12-unit Edwardian-era building. Built in 1924 and sitting at the heart of the Lower Haight between Scott and Pierce, the property pairs timeless period character high ceilings, large rooms, generous closets and light-filled bay windows with a deep, durable value-add story. Substantial Rental Upside In-place rents of roughly $265,000 per year sit well below today's market of approximately $490,000 about 85% upside as units turn over. A rare chance to acquire a stabilized asset with a clear, built-in path to materially higher income. Solid, Well-Maintained Asset Wood-frame construction with each unit separately metered for gas and electricity, steam boiler heat, and on-site laundry. The building completed its mandatory soft-story seismic retrofit (2021) and is compliant with San Francisco's sleeping-area fire-alarm requirements. Other recent upgrades include shared laundry room and a shared bike room for the tenant's use. The front entry system was also upgraded within the last 3 years. At the Heart of the Lower Haight With a neighborhood Walk Score of 98, you are among San Francisco's most walkable blocks roughly 122 restaurants, bars and cafes nearby, steps from Duboce Park, Alamo Square and the Painted Ladies, the Panhandle, the Wiggle'' bike route, the Divisadero corridor and multiple MUNI lines. 769 Haight is the rare value-add buy and hold'' stabilized in-place income, parking, and significant upside in one of the city's most connected neighborhoods.
Location
State CA
County San Francisco
Area Sf District 6
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Building
Lot Description Shape Regular
New Construction No
Others
Tax ID 0862022A
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Rebecca Brooks
Broker Associate/Area Leader/Ambassador | License ID: 1249870
Broker Associate/Area Leader/Ambassador License ID: 1249870