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Listing Summary
Listing
#424011359
$1,400,000 (LP)
403 Lyon St, San Francisco, CA 94117*
Pending
(05/13/24)
SqFt:
6700*
Lot Size SqFt:
3746*
Area/District
:
6
F
Yr
:
1905
*
Total Parking Spaces:
0
Remarks
403 Lyon Street is an excellent add-value opportunity in NOPA. This prominent corner building has tremendous upside potential for a new owner to realize. The property consists of three residential units and two commercial spaces. The residential are 4bd/1.5ba, 3bd/1ba, and 2bd/1ba. The main commercial space is occupied by an established market and deli. The smaller commercial space operates as a showroom for a cabinetry business. There is a large basement that brings in additional income on separate commercial leases. There is 400 amp electrical service, with all units being separately metered for gas and electricity. This location provides tenants with easy access to the Panhandle, Divisadero corridor, and all the conveniences of NOPA and Haight Ashbury. This offering presents a new owner with the opportunity to buy in one of the city's best rental locations and at an extremely low price per unit and square foot.
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Remarks
Agent and Office Information
Agent
Adam D Filly
Primary:415-516-9843 Secondary:415-516-9843 Lic: 01354775
Office
Compass Commercial
Phone: 415-345-3000 Office Lic.: 01527235
Price, Dates and Commissions
Pending Date
05/13/24
Commission to Buyer Office
Commission to Buyer Office
2.5
Unit Information
# Of Buildings
0
# Of Units Leased
5
# Of Units Month to Month
0
# Of Units Total
5
# Of Units Vacant
0
# of 1 Bedroom Units
0
# of 2 Bedroom Units
1
# of 3 Bedroom Units
1
# of 4 Bedroom Units
1
# of Studio Units
0
# Commercial Units
2
Units Furnished
None
Unit 1 Bedrooms
0
Unit 1 Full Baths
0
Unit 1 Partial Baths
0
Unit 1 Rent
$
0
Unit 1 Approx SqFt
0
Unit 1 # of Rooms
0
Unit 2 Bedrooms
0
Unit 2 Full Baths
0
Unit 2 Partial Baths
0
Unit 2 Rent
$
0
Unit 2 Approx SqFt
0
Unit 2 # of Rooms
0
Elevation Units
Feet
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
1
# of 4 Bedrooms Occupied
1
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
101625
Gross Rent Multiplier
13.78
Net Operating Income
$
72031
Monthly Income
$
0
Operating Expense
$
29594
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
9865
Operating Expense Includes
Electricity, Gas, Insurance, Professional Management, Property Tax, Trash, Utilities, Water/Sewer
Other Expense
$
3049
Tax Annual Amount
$
0
Monthly Expenses
$
0
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, Subject To Tenant Rights
Property Information
Subtype Description
Apartments, Mixed Use
Approx SqFt
6,700*
SqFt Source
Assessor Auto-Fill
Price / SqFt
208.96
Lot Sq Ft
(
approx
)
3,746*
Lot Acres
(
approx
)
0.0860
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
17
Year Built
1905*
Special Listing Conditions
None
Property Location
County
San Francisco
Cross Street
Hayes Street
Area/District
SF District 6
Subdistrict
North Panhandle
Interior Information
Construction Information
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
None
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Full Service