PRIME RUSSIAN HILL VIEW APARTMENT BUILDING

Rarely-available twelve-unit apartment building on a prime Russian Hill block, close to the desirable Hyde Street neighborhood. All units are four rooms with one bath, most used as one bedrooms, some as two bedrooms. There is four-car independent parking. All rear units have Bay views. This is a very fine investment property.

This is a lovely wood-frame apartment building in the Beaux-Arts style, in a desirable location with access to good transportation across town and to the Downtown area. It was constructed in 1915, from plans by architect Louis Traverso. The building has good upside potential for investors, as can be seen from the remodeled unit #4, and it could also be a TIC candidate for owner-occupiers at some future date.

The apartments are arranged four per floor on three levels. There is four-car independent parking in a large garage. Excellent public transportation is available close by. See over for scheduled income and expenses.

BLOCK/LOT: 0097/010 LOT SIZE: 48'6" x 137'6" SQ.FT: 15,060 (per tax records)

NOTES:
Prospective buyers are advised to review, prior to making any offer, an inspection report by Markoff Structural Pest Control dated October 2, 2009. Offers should include an acknowledged disclosure package, available from listing agents, which includes that report.

TO SHOW:
By appointment only with listing agents; please do not disturb tenants.