10
See all 10 photos
Listed by Adam D Filly Compass Commercial
$12,200,000
Est. payment /mo
39 Beds
29,410 SqFt
Price Dropped by $750K
500 Haight ST San Francisco, CA 94117
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 29,410 sqft
Price per Sqft $414
MLS Listing ID 424077706
Bedrooms 39
HOA Y/N No
Year Built 1900
Lot Size 0.283 Acres
Acres 0.2828
Property Sub-Type Mixed Use
Property Description
Priced at 6.9% Cap Rate on in place income!Located at the iconic corner of Haight and Fillmore Streets, 500-530 Haight Street is a rare mixed-use offering. The property consists of 11 large flats and 5 highly desirable retail spaces. The building is fully occupied and has a long history of successful retail tenants. Four of the retail are approximately 1,850 sqft each and the fifth is about 2,400 sqft. These south-facing spaces have 14' ceilings, great light, and are mostly clear span. The residential flats are mostly 5bd and 6bd units that feature high-ceilings, large rooms, built-in cabinetry, and lots of upside. The property is 29,410 square feet, which does not include the additional 9,800 sq.ft. of basement space. The property has had an extensive soft-story retrofit completed, as well as other improvements including new drainage and sewer lateral. Offered at a 6.4% Cap Rate on in-place income and over 50% upside in residential rents, this is a unique asset and buying opportunity in a vibrant Lower Haight location.
Location
State CA
County San Francisco
Area Sf District 6
Rooms
Basement Full
Interior
Fireplace No
Exterior
Roof Type Asphalt
Building
Lot Description None
Level or Stories Three Or More
New Construction No
Others
Tax ID 0848004
