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Listed by Sam Runco • Marcus & Millichap, DRE#01977683
$ 2,750,000
Est. payment | /mo
4,500 SqFt
$ 2,750,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $611
MLS Listing ID ML82045037
Year Built 1907
Lot Size 2,000 Sqft
Property Sub-Type Five or More Units
Property Description
Unlock the potential of 414-418 Bryant Street, a meticulously renovated three-story triplex in San Franciscos bustling South of Market (SoMa) district, reimagined in 2018 as a 15-room Single Room Occupancy (SRO) collaborative living property. Originally built in 1907, this 4,609-square-foot residence sits on a 2,000-square-foot lot (0.05 acres) and offers 15 private, individually leased bedrooms, delivering a reliable income stream. Tenants pay monthly service charges of $175-$275, covering water, sewer, garbage, cleaning fees, supplies, and high-speed Wi-Fi, minimizing owner expenses. The rooms are currently rented from $1,000 to $1,250 per month, underscoring robust demand for quality urban housing. Each of the three floors features a fully furnished kitchen with a dishwasher, two full bathrooms, a cozy breakfast nook, and an in-unit washer and dryer, enhancing tenant convenience. The property also includes a shared common living space, complete with a television, cable, and Netflix, fostering a sense of community, alongside a shared back patio for outdoor relaxation. In excellent condition, this turnkey property offers versatility for continued SRO operation or potential reconfiguration, making it a standout choice for investors seeking strong returns in a high demand market.
Location
State CA
County San Francisco
Area 9 - South Beach
Zoning SSO
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Other
Utilities Available Other
Roof Type Other
Building
Foundation Other
Sewer Other
Water Other
Others
Restrictions None
Tax ID 3763-008
Security Features Other
Special Listing Condition Not Applicable
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John Faylor
Realtor | Lic# 1065896