110 Gardenside DR, San Francisco, CA 94131
110 Gardenside DR, San Francisco, CA 94131
110 Gardenside DR, San Francisco, CA 94131
34
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Listed by John M Antonini Compass Commercial
$5,995,000
Est. payment /mo
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16 Beds
15,645 SqFt
Open Tue 12PM-2PM

110 Gardenside DR San Francisco, CA 94131

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Tue Apr 21, 12:00pm - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,645 sqft

Price per Sqft $383

MLS Listing ID 426119174

Style Mid-Century

Bedrooms 16

HOA Y/N No

Year Built 1975

Lot Size 0.351 Acres

Acres 0.3507

Property Sub-Type Multi Family

Property Description

110 Gardenside Drive is a 17-unit apartment building with 16-car garage parking located in Twin Peaks. All 17 units have private decks, many of which offer sweeping, east-facing views of the SF skyline, Noe Valley, and the Mission District. The unit mix consists of three (3) studios, 12 1-bedrooms, and two (2) 2-bedroom units. Eight (8) units have updated kitchens and bathrooms. Two units will be delivered vacant. The property is powered with 600 amps. The units are separately metered for electricity with electric baseboard heaters. The soft-story retrofit was completed in 2016. The property is grossing $528,000/year (assuming a projected rent for the vacant units and implementation of rent increases). This equates to an attractive 11.3 GRM and 5.6% cap rate, with 27% rental upside. 110 Gardenside is a well-maintained, stable asset with achievable upside.

Location

State CA

County San Francisco

Area Sf District 5

Zoning RH2

Interior

Heating Baseboard, Electric

Cooling None

Flooring Carpet, Luxury Vinyl Plank, Tile

Fireplace No

Appliance Varies By Unit

Laundry Coin Operated

Exterior

Utilities Available City, Sewer Connected

View Bay, City, City Lights, Downtown, Panoramic

Roof Type Asphalt

Handicap Access None

Total Parking Spaces 16

Building

Lot Description Irregular Lot

Foundation Concrete

Sewer Public Sewer

Water Public

Architectural Style Mid-Century

Level or Stories Five or More

New Construction No

Others

Tax ID 2854007


San Francisco MLS - SFAR

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Brian Collins

Brian Collins

Agent | License ID: 01972685

+1(805) 380-5256

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110 Gardenside DR