Presented by The Hooper Group SAC R A M E N TO STR E ET, SAN FRANCI SCO, CA 3 U N I T M IX E D USE B UILDI NG $3,495,000

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Teresa Singleton
6 years ago
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1 Presented by The Hooper Group 24 0 9 SAC R A M E N TO STR E

1 1 Presented by The Hooper Group SAC R A M E N TO STR E ET, SAN FRANCI SCO, CA 3 U N I T M IX E D USE B UILDI NG $3,495,000

Spanning 4,069 sq ft (per graphic artist) and over 3 floors, this opportunity is only half a block to the prime location of

2 2 The Opportunity Zephyr Real Estate is pleased to present the opportunity to acquire 2409 Sacramento Street, a 3 unit mixed-use building in the proclaimed district of Pacific Heights. Spanning 4,069 sq ft (per graphic artist) and over 3 floors, this opportunity is only half a block to the prime location of Fillmore Street. The property is offered at $3,495,000. All offers to be submitted to the exclusive listing agent: The Hooper Group Tyron Hooper TyronHooper@ZephyrSF.com Lic#

* $5,104 $7,000 Aug-14 Jul-19 2409 Sacramento Unit 1 - Ground Floor Front Vacant 825 sq. ft.

$3,966 $6,000 Jan-10 Dec-19 Lobby 270 sq. ft.

3 3 Rent Roll UNIT TYPE APPROX. SQ. FT. CURRENT RENTS MARKET RENTS LEASE DATE LEASE TERM 2409 A Sacramento Top 2 floors 1,294 sq. ft. * $5,104 $7,000 Aug-14 Jul Sacramento Unit 1 - Ground Floor Front Vacant 825 sq. ft. * $5,141 $5,000 Vacant Vacant 2409 Sacramento Unit 2 - Ground Floor Rear Accupuncture 1,681 sq. ft. $3,966 $6,000 Jan-10 Dec-19 Lobby 270 sq. ft. Monthly Rent $14,211 $18,000 Annual Rent $170,532 $216,000 * Most recent rent for Unit 1 - Ground Floor Front * 2409 A Sacramento Includes rent increase of $243 as of 1st August 2017 * Market rent for 2409 A Sacramento - This space could be used for a variety of uses from Private Offices to Residential

4 4 Income & Expenses ESTIMATED ANNUAL BUILDING EXPENSES NOTE Building Property Tax ( rate %) $41,213 Calculated on Sales Price Building Insurance $1,218 Based on 2017 Expenses Utilities: Gas & Electric $4,200 Based on 2017 Expenses Utilities: Water $1,591 Based on 2017 Expenses Utilities: Garbage $2,581 Based on 2017 Expenses Janitorial Services - Maintenance & Repairs $4,200 Off-Site Management - Owner Managed Reserves - Estimated Annual Building Expenses $55,003 CURRENT ANNUAL INCOME SUMMARY MARKET ANNUAL INCOME SUMMARY Project Gross Annual Income $170,532 Project Gross Annual Income $216,000 Less Estimated Vacancy 5% $8,526 Less Estimated Vacancy 5% $10,800 Effective Gross Operating Income $162,006 Effective Gross Operating Income $205,200 Less Estimated Annual Expenses $55,003 Less Estimated Annual Expenses $55,003 Effective Net Operating Income $107,003 Effective Net Operating Income $150,197

5 5 Investment Summary Price: $3,495,000 Units: 3 Square Footage: 4,069 (per graphic artist) Price/Sq. Ft.: $ Current GRM: Market GRM: Current Cap Rate: 3.06% Market Cap Rate: 4.30% Investment Highlights Prime Pacific Heights Location 1/2 Block to Fillmore Vacant Front Unit Ground Floor Upside Potential Potential to convert Upper 2 levels to Residential

6 The Property Spectacular Opportunity to own 2409 Sacramento. This 3 story mixed use Victorian is currently used as office and commercial space.

6 6 The Property Spectacular Opportunity to own 2409 Sacramento. This 3 story mixed use Victorian is currently used as office and commercial space. This Pacific Heights 3-unit property is located in one of the City s most desirable neighborhoods, just steps from the famed Fillmore District. The bottom floor boasts 2 commercial spaces, one currently vacant, and the 3rd unit is the top 2 floors of the Victorian, housing a full kitchen, one and a half baths, and washer and dryer. The property has the potential to convert back to residential mixed use and/or develop the top 2 stories. Location Pacific Heights is part of the northernmost section of San Francisco, an area of the city known for its rich history. It also bears a reputation as contemporary, hip, and upscale a perfect balance between the old and the new. Address Year Built APN Number of Stories Building Area (per graphic artist) Water Meter 2409 Sacramento Street ,069 Sq. Ft. Lot Size (per tax records) 3,381 Sq. Ft. 3 One for Whole Building Electric Meters One for Top 2 Floors & One for Ground Floor Cutting through the middle of the neighborhood north to south is Fillmore Street, known for its upscale boutiques, destination restaurants, sidewalk cafes, and trendy bars. This strip is straddled by two parks: Lafayette Park and Alta Plaza Park are both bubbling public green spaces that neighborhood residents and other locals are drawn to for relaxation and people watching. History, charm, flair, and unparalleled panoramic views of the San Francisco Bay and the Golden Gate Bridge combine to make Pacific Heights a magnet for the affluent looking to put down new roots someplace rich in more ways than one.

7 7

8 8 Floor Plans

9 Nearby Amenities 2409 Sacramento Street Property 2409 Sacramento St, San Francisco 1 B. Patisserie Bakery 2821 California St, San Francisco (415) 440-1700 bpatisserie.

9 9 Nearby Amenities 2409 Sacramento Street Property 2409 Sacramento St, San Francisco 1 B. Patisserie Bakery 2821 California St, San Francisco (415) bpatisserie.com 2 Peet's Coffee & Tea Coffee Shop 2197 Fillmore St, San Francisco (415) Pizzeria Delfina Pizza 2406 California St, San Francisco (415) pizzeriadelfina.com 4 13 Mollie Stone's Markets Grocery Store 2435 California St, San Francisco (415) molliestones.com California Pacific Medical Center Hospital 2333 Buchanan St (415) Lafayette Park 9 Park 2000 Sacramento St, San Francisco sfrecpark.org/destination/lafayette-park/ 5 7 La Méditerranée Mediterranean 2210 Fillmore St, San Francisco (415) cafelamed.com Salt & Straw Ice Cream 2201 Fillmore St (415) saltandstraw.com Clay Theatre Indie Movies 2261 Fillmore St, San Francisco (415) Fresca Peruvian 2114 Fillmore St, San Francisco (415) frescasf.com 11 D&M Wines and Liquors Liquor Store 2200 Fillmore St (415) dandm.com 12 Jackson Fillmore Italian 2506 Fillmore St, San Francisco (415) jacksonfillmoresf.com 13 move-sf Gym 2863 California St (415) move-sf.com 14 L'Occitane en Provence Cosmetics 2207 Fillmore St (415) t.co/b8bobmls6e 15 Presidio Branch Library Library 3150 Sacramento St (415) sfpl.org 16

10 10 Disclaimer The information contained herein has been provided by various sources which are deemed reliable, but not guaranteed. Zephyr Real Estate has not verified or investigated the accuracy of this information. Prospective buyers are advised to conduct their own investigation of the property and the information contained herein, utilized licensed professionals where appropriate, before purchasing this property.

PACIFIC HEIGHTS MULTI-FAMILY PROPERTY! 20 APARTMENT UNITS 2136 BRODERICK STREET SAN FRANCISCO, CA OFFERED FOR SALE

PACIFIC HEIGHTS MULTI-FAMILY PROPERTY! 2136 BRODERICK STREET SAN FRANCISCO, CA 94115 OFFERED FOR SALE OFFERED FOR SALE Property Highlights Incredible Pacific Heights Location! 20 Efficiency Apartments