The median home value in San Francisco, CA is $1,289,000.
This is
lower than
the county median home value of $1,450,000.
The national median home value is $308,980.
The average price of homes sold in San Francisco, CA is $1,289,000.
Approximately 33% of San Francisco homes are owned,
compared to 59% rented, while
8% are vacant.
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1329 - 1333 Powell Street is a conveniently located eight-unit mixed-use property nestled in Nob Hill, near the heart of Chinatown and North Beach. The building is comprised of six spacious 2 bedroom, 1 bathroom apartments and two ground floor retail spaces. Five units were recently renovated and are vacant. Separate metering for gas and electricity. Capture the potential for increased returns with sizable passthrough banked-rent opportunities. Beautiful views of Coit Tower and Golden Gate Bridge. With recent enhancements and a portion of units available for immediate occupancy, 1329 - 1333 Powell Street stands as an enticing investment prospect, offering a compelling 5.5% Cap rate and 12.56 GRM upon full occupancy. Whether you're a seasoned investor or venturing into real estate for the first time, seize the opportunity to elevate your portfolio with this prime asset.
HUGE REDUCTION !!!!!!! GREAT OPPORTUNITY !!!!!! A Very Rare Profitable Investment Opportunity! This Prime Property was a former popular restaurant/bistro strategically located in the heart of San Francisco's iconic Fisherman's Wharf which is the center for tourists! This opportunity offers potential profits & steady income due to the area's incredible 40-feet Height limit & High demand from retailers in this Rarely Available Location. The property has a Proposed Expired Plans from the previous owner w/c is possible to revive for an Independently Owned Hotel with 13 guest rooms, small boutique, Cafe Dining, Kitchen, & Convenient Laundry**Despite the project's expiration, it presents a GOLDEN BUSINESS OPPORTUNITY. Offers 4,300sf* of versatile indoor/outdoor areas, a 1,900sf* Roof Deck, & a 700sf* Lower Deck. More parking garage is conveniently available nearby. Trader Joe's/Safeway are just across this property, see how amazing it is! It's More than a Hotel Business; it's a canvas for a profitable business opportunity that awaits you!
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