• 285 Turk St, San Francisco, CA 94102

For Sale

Office

For Sale

This property is available for sale
$14,750,000
Sale Price
  • Year Built
    1923
  • Overview

    ·     Classic 42-unit non-rent controlled apartment building in the Tenderloin neighborhood of San Francisco.


     


    ·     Over $1,200,000 of capital expenditures have been spent over 5 years to upgrade (17) units and significant structural and system improvements to modernize the building.


     


    ·     Close to the rapidly growing mid-market tech and retail corridor.


     


    ·     Abundant transit lines allowing residents to get anywhere in the City and other parts of the Bay Area due to it’s core location.


     


    ·     For the investor, this greatly improved property provides the opportunity to acquire an extensively upgraded & well maintained non-rent controlled asset with tremendous upside potential in rents.

Send inquiry

Property Details

For Sale

·     Classic 42-unit non-rent controlled apartment building in the Tenderloin neighborhood of San Francisco.


 


·     Over $1,200,000 of capital expenditures have been spent over 5 years to upgrade (17) units and significant structural and system improvements to modernize the building.


 


·     Close to the rapidly growing mid-market tech and retail corridor.


 


·     Abundant transit lines allowing residents to get anywhere in the City and other parts of the Bay Area due to it’s core location.


 


·     For the investor, this greatly improved property provides the opportunity to acquire an extensively upgraded & well maintained non-rent controlled asset with tremendous upside potential in rents.

  • Property Type
    Office
  • Submarket
  • Year Built
    1923
  • Sale Price
    $14,750,000
  • Cap Rate
    4.0%
  • Number of Floors
    6
  • Zoning
    RC4
  • Last updated
    Mar 28, 2019
  • Property ID
    2024882

Landlord's Sales Representatives

  • Brad Lagomarsino
    Colliers | San Francisco
     
  • James Devincenti
    Colliers | San Francisco
     
Close

Request Materials

  • Your contact info

By pressing Send Request you agree that OfficeSpace Inc and select partners may contact you about your inquiry. You also agree to our Terms of Use.