Aesthetic beauty, location, property condition, effective management, amenities and, of course, overall value, are the critical factors that drive most every Apartment Building investment decision. And the beautifully renovated and well managed 19-unit (consisting of two 1 Bedroom units, 13 Studios, and four Guest Room/Efficiency Units) Edwardian era Building at 985 Pine Street shines in every one of those categories. It delights tenants with its charming architectural detail, its clean and functional interior, and its direct access to work and play. The building is just two blocks from many of San Francisco's finest hotels and best-known Nob Hill landmarks, and just five blocks from Union Square, and the Financial District. And with a GRM of under 12, and a $/Sq. Ft. value under $500, it represents one of the best investment values in San Francisco. $356,743 Gross Income (per seller). CAP Rate: 7.0%. 9.4 GRM. $463/Sq. Ft.
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