1627-1631 CLAY Street

05-04-2022
08-05-2022

1631 Clay St, San Francisco, CA 94109

Property Description

Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase the fee simple interest in 1627-1631 Clay Street. The subject property is located between Polk and Larkin Streets in Nob Hill. This prime location offers a plethora of nearby amenities awarding it a perfect walk score of 100 (Walker’s Paradise).

The ground level and first story of the building consists of a 5,700 square foot, 2 level, 8 bedroom unit, along with a backyard. The third level consists of 7 SRO rooms with a shared water closet, shower, and kitchen. 6 of the 7 units are rented, and one unrenovated unit will be delivered vacant at the close of escrow. The fourth level consists of 7 SRO rooms with a shared water closet, shower, and kitchen. 4 of the 7 SRO’s on the fourth level have recently been renovated and have bathrooms and kitchenettes in the room. 2 of the 4 remodeled units were recently rented. The remaining 2 remodeled units will be delivered vacant at close of escrow.

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
Price
$ 2,995,000
No. of Units
15
Cap Rate
4.34%
GRM / GIM
11.64
Year Built
1908
Building Size
10,160 Sq ft
Opportunity Zone
No
Price per unit
$ 199,667
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37.792444, -122.41993

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