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(626) 893-2817
Gilbert Garcia
765 Ofarrell Street, San Francisco, CA 94109
- $7,295,000
- List Price
- $7,295,000
- Status
- ACTIVE
- MLS#
- ML82063777
- Year Built
- 1924
- Lot Size
- 6,621
- Acres
- 0.15
- Days on Market
- 6
- Property Type
- Commercial
Property Description
33 apartments in a four-story elevator building in the Tenderloin, built in 1924: 24 junior one-bedrooms, 7 studios and 2 two-bedrooms in about 16,768 SF on a 6,614 SF lot. About 80% of units have been renovated, and the building sits on a new concrete perimeter foundation. Units offer hardwood floors, tiled kitchens and baths, walk-in closets and, in most, bay windows. Lobby with stone floors, courtyard, laundry room, storage and a double garage that brings in parking income. Gas and electric are separately metered. Market rents run about 32% above in-place rents. Walk to Union Square, Civic Center, Van Ness and Mid-Market employers, with Muni and BART close by. 6.92% current cap; 8.86% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
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Additional Information
- Taxes
- $70,883
- Cooling
- Yes
- Roof
- Other
- Water
- Other
- School District
- San Francisco Unified
- Attached Structure
- Detached
- Gross Scheduled Income
- $732,888
Listing courtesy of Listing Agent: Alina Siert (alina@siertgroup.com) from Listing Office: KW Advisors.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.