500 Haight ST Active

San Francisco,CA 94117

$ 12950000

39 Beds

0 Bath

29410 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 29,410 sqft

Price per Sqft $440

MLS Listing ID 424077706

Bedrooms 39

Year Built 1900

Lot Size 0.283 Acres

Property Description

Located at the iconic corner of Haight and Fillmore Streets, 500-530 Haight Street is a rare mixed-use offering. The property consists of 11 large flats and 5 highly desirable retail spaces. The building is fully occupied and has a long history of successful retail tenants. Four of the retail are approximately 1,850 sqft each and the fifth is about 2,400 sqft. These south-facing spaces have 14' ceilings, great light, and are mostly clear span. The residential flats are mostly 5bd and 6bd units that feature high-ceilings, large rooms, built-in cabinetry, and lots of upside. The property is 29,410 square feet, which does not include the additional 9,800 sq.ft. of basement space. The property has had an extensive soft-story retrofit completed, as well as other improvements including new drainage and sewer lateral. Offered at a 6.4% Cap Rate on in-place income and over 50% upside in residential rents, this is a unique asset and buying opportunity in a vibrant Lower Haight location.

Location

State CA

County San Francisco

Area Sf District 6

Exterior

Roof Type Asphalt

Building

Lot Description None

New Construction No

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