2 Unit Apartment Building 333 Parnassus Ave, SF 94117
2780/SF 2 Unit Apartment Building Offered at $3,250,000 at a 4.4% Cap Rate
Right next door to UCSF Medical, UCSF Dental, Golden Gate Park, Haight St, Cole Valley, and Mt. Sutro Forest.
Walking distance to shops and restaurants.
Low vacancy rate. UCSF Medical Student Dorms or Professionals.
INVESTMENT SUMMARY Highly desired neighborhood and low vacancy. Rented to students and professionals. Great rental income. Potential upside.
Building Class: B
Sale Type: Investment
Lot Size: 0.04 AC
Cap Rate: 4.40%
Building Size: 2,780 SF
Gross Rent Multiplier: 19
Average Occupancy: 100%
No. Units: 2
No. Stories: 3
Property Type: Multifamily
Year Built: 1916
Property Sub-type: Apartments
Parking Ratio: 10/1,000 SF
ABOUT 333 PARNASSUS AVE , SAN FRANCISCO, CA 94117 Rebuilt from the ground and up 3 floors, 2 units building in a highly desired neighborhood. Unit 1 has 4 bedrooms and bathrooms in each room. Unit 2 has 6 bedrooms and bathrooms in each room. Both units totaling 10 bedrooms/10 bathrooms with full kitchens and fully rented to students and professionals. Provided laundry machines for convenience. Excellent rental or owner-occupied with rental income.
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