674 Haight Street, San Francisco, CA 94117
List Price: $3M
Listing Status: Active
0Days on Market: 20
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1890
Lot Size: 2,750 sq ft
Annual Property Tax: $38,267
MLS Number: ML82048118
About This Property
Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space within a  ±5,655 square foot building originally constructed in 1890. The property features spacious residential units averaging approximately $4,922 in current rents, with upside to market levels of approximately $5,620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2,998,000 ($599,600 per unit / $530 per square foot), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city's most desirable rental corridors.
Listing provided by: Eymon Binesh DRE #02060059 (650) 391-1700 ebinesh@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82048118
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.