1520 Leavenworth Street

1520 Leavenworth St San Francisco, CA 94109

  • 4,540 Square Feet
  • Multifamily-Apartment
  • For Sale

Summary Description

Colliers International is pleased to present 1520 Leavenworth Street, San Francisco for purchase. This Nob Hill apartment building offers the investor an opportunity to purchase an asset with extraordinary income upside potential in one of San Francisco’s most desired neighborhoods. This asset is ideally located in an amenity rich neighborhood and blocks away from the Financial District, Russian Hill and North Beach neighborhoods. A block from the Hyde Street retail corridor where the world’s last manually operated cable car system forms part of the intermodal urban transport network with the city’s buses, underground Muni and BART. Many bus lines are nearby – the 1, 10, 12, 19, and 27 all have stops within two to four blocks away. The Polk Street corridor with all that it has to offer is also three blocks away. The building is comprised of a studio unit, a one bedroom unit and five (5) two bedroom units. Two of the units will be delivered vacant.

Price: $2,400,000.00

Lot Size: 1572 Square Feet

Building Size: 4540 Square Feet

Area Available: 4,540 Square Feet

PRICE

$2,400,000

PRICE/SQ. FT.

$529

PRICE/UNIT

$342,857

CAP RATE - CURRENT

3.71%

CAP RATE - PROFORMA

8.66%

GRM - CURRENT

15.57

GRM - PROFORMA

8.60

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