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Listing Summary
Listing
#424018096
$1,350,000 (LP)
1006-1008 Sutter St, San Francisco, CA 94109*
Active
(03/22/24)
SqFt:
2640*
Lot Size SqFt:
1546*
Area/District
:
8
A
Yr
:
1907
*
Total Parking Spaces:
0
Remarks
This is a two unit building that consist of a ground floor retail/office space and an updated 2 bedroom/2 bathroom apartment unit on the 2nd floor. There is exposed brick through both units and there are high end finishes throughout. There are very short term below market rate leases in place, +- 6-8 months, on both spaces. The combined income is +- $9,450.00 per month. This allows a buyer to either use any portion of the building for themselves or purchase it as an investment and continue to rent out the spaces.. This building has always rented quickly and is very desirable. The property is located in a very seasoned neighborhood with strong economic tendencies. The amenities in the neighborhood are abundant as there has been a very large population of residents that have been living in Nob Hill for many years. Its central location, close proximity to downtown and Union Square, abundant public transportation and many fun restaurants and shopping make this one of the premier places to live and work in San Francisco.
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Remarks
Agent and Office Information
Agent
Louis C Kwok
Primary:510-387-7049 Lic: 01980615
Office
Kidder Mathews
Phone: 925-905-1100 Office Lic.: 01946490
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5%
Unit Information
# Of Buildings
0
# Of Units Leased
2
# Of Units Month to Month
0
# Of Units Total
2
# Of Units Vacant
0
# of 1 Bedroom Units
0
# of 2 Bedroom Units
1
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
1
Other Unit(s)
Office(s), Store(s)
Units Furnished
None
Unit 1 Bedrooms
0
Unit 1 Full Baths
0
Unit 1 Partial Baths
1
Unit 1 Rent
$
5500
Unit 1 Description
Ground Floor renovated office/retail Unit
Unit 1 Approx SqFt
1550
Unit 1 # of Rooms
5
Unit 1 Occupancy
Tenant
Unit 1 Rent Source
Owner
Unit 1 Lease Term
Less Than 12 Months
Unit 1 SqFt Source
Owner
Unit 1 Type
Office
Unit 2 Bedrooms
2
Unit 2 Full Baths
0
Unit 2 Partial Baths
0
Unit 2 Rent
$
3950
Unit 2 Description
Renovated 2 Bedrooms/2 Full Bathrooms
Unit 2 Approx SqFt
1100
Unit 2 # of Rooms
0
Unit 2 Occupancy
Tenant
Unit 2 Rent Source
Owner
Elevation Units
Feet
Unit 2 Lease Term
Less Than 12 Months
Unit 2 SqFt Source
Owner
Unit 2 Type
Apartment
Unit 3 Bedrooms
0
Unit 3 Full Baths
0
Unit 3 Rent
$
0
Unit 3 Approx SqFt
0
Unit 3 # of Rooms
0
Unit 3 Partial Baths
0
Unit 4 Bedrooms
0
Unit 4 Full Baths
0
Unit 4 Partial Baths
0
Unit 4 Rent
$
0
Unit 4 Approx SqFt
0
Unit 4 # of Rooms
0
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
0
# of 2 Bedrooms Occupied
1
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
9450
Gross Rent Multiplier
142.86
Net Operating Income
$
-1726
Monthly Income
$
0
Income Includes
Rent Only
Operating Expense
$
11176
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
0
Tax Annual Amount
$
11176
Financial Data Source
Broker, Owner
Lease Term
Less Than 12 Months
Monthly Expenses
$
0
Separate Meters
Common Area Meter, Electricity, Gas, Varies by Unit
Actual or Scheduled
Actual
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Possession
Close Of Escrow, Negotiable
Property Information
Subtype Description
Apartments, Mixed Use
Approx SqFt
2,640*
SqFt Source
Assessor Auto-Fill
Price / SqFt
511.36
Lot Sq Ft
(
approx
)
1,546*
Lot Acres
(
approx
)
0.0355
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
6
Year Built
1907*
Stories
2
Levels
One, Two
Special Listing Conditions
Offer As Is
Property Condition
Updated/Remodeled
Property Location
County
San Francisco
Cross Street
Hyde
Area/District
SF District 8
Subdistrict
Downtown
Zoning
RC-4 Residential- Commercial High Density
Interior Information
Interior Features
Skylight(s), Storage Area(s)
Appliances
Built-In Gas Oven, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Free Standing Freezer, Free Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit
Flooring
Simulated Wood, Vinyl, Wood
Cooling
Central, MultiZone, Separate, Varies by Unit
Heating
Central, MultiZone, Varies by Unit
Laundry Features
Laundry Closet, Varies by Unit
Basement
None
Construction Information
Construction Materials
Brick, Masonry, Wood
Foundation
Brick/Mortar
Accessibility Features
Varies By Unit
Utilities
Cable Available, Electric, Internet Available
Parking Information
Total Parking Spaces
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Lot and Outdoor Information
Lot Features
Garden, Private
View Description
City, Varies by Unit
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Full Service