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Presented by The Hooper Group
2409 SACRAMENTO STREET, SAN FRANCISCO, CA 3 UNIT MIXED USE BUILDING | $3,495,000
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2409 SACRAMENTO STREET
The Opportunity
Zephyr Real Estate is pleased to present the opportunity to acquire 2409 Sacramento Street, a 3 unit mixed-use building in the proclaimed district of Pacific Heights. Spanning 4,069 sq ft (per graphic artist) and over 3 floors, this opportunity is only half a block to the prime location of Fillmore Street.
The property is offered at $3,495,000. All offers to be submitted to the exclusive listing agent:
The Hooper Group
Tyron Hooper
415.728.2294 [email protected] Lic# 01788530
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
Rent Roll
- APPROX.
- CURRENT
RENTS
MARKET RENTS
LEASE DATE
LEASE
- TERM
- UNIT
- TYPE
Top 2 floors Vacant
SQ. FT.
1,294 sq. ft. 825 sq. ft.
2409 A Sacramento
* $5,359
* $5,141
$4,372
$7,000 $5,000 $6,000
Aug-14 Vacant Jan-10
Jul-19
2409 Sacramento Unit 1 - Ground Floor Front 2409 Sacramento Unit 2 - Ground Floor Rear
Vacant
- Dec-19
- Accupuncture
Lobby
1,681 sq. ft. 270 sq. ft.
Monthly Rent Annual Rent
- $14,872
- $18,000
$178,464
$216,000
* Most recent rent for Unit 1 - Ground Floor Front * Market rent for 2409 A Sacramento - This space could be used for a variety of uses from Private Offices to Residential
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
Income & Expenses
ESTIMATED ANNUAL BUILDING EXPENSES
Building Property Tax (2018-2019 rate 1.63%) Building Insurance
NOTE
$40,647
$1,218 $4,200
$2,700 $3,200
-
Calculated on Sales Price Based on 2017 Expenses Based on 2019 Expenses Based on 2019 Expenses Based on 2019 Expenses
Utilities: Gas & Electric Utilities: Water Utilities: Garbage Janitorial Services Maintenance & Repairs Off-Site Management
$11,800
- -
- Owner Managed
- Reserves
- -
Estimated Annual Building Expenses
$63,765
CURRENT ANNUAL INCOME SUMMARY
Project Gross Annual Income
MARKET ANNUAL INCOME SUMMARY
Project Gross Annual Income
$178,464
$8,923
$216,000
$10,800
$205,200
$63,765
$141,435
- Less Estimated Vacancy 5%
- Less Estimated Vacancy 5%
Effective Gross Operating Income
Less Estimated Annual Expenses
Effective Net Operating Income
$169,541
$63,765
105,776
Effective Gross Operating Income
Less Estimated Annual Expenses
Effective Net Operating Income
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
Investment Summary
- Price:
- $3,495,000
- 3
- Units:
Square Footage: Price/Sq. Ft.: Current GRM: Market GRM: Current Cap Rate: Market Cap Rate:
4,069 (per graphic artist) $858.93
19.58
16.18 3.03% 4.30%
Investment Highlights
• Prime Pacific Heights Location • 1/2 Block to Fillmore • Vacant Front Unit Ground Floor • Upside Potential • Potential to convert Upper 2 levels to Residential
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
The Property
Spectacular Opportunity to own 2409 Sacramento. This 3 story mixed use Victorian is currently used as office and commercial space. This Pacific Heights 3-unit property is located in one of the City’s most desirable neighborhoods, just steps from the famed Fillmore District. The bottom floor boasts 2 commercial spaces, one currently vacant, and the 3rd unit is the top 2 floors of the Victorian, housing a full kitchen, one and a half baths, and washer and dryer. The property has the potential to convert back to residential mixed use and/or develop the top 2 stories.
Location
Pacific Heights is part of the northernmost section of San Francisco, an area of the city known for its rich history. It also bears a reputation as contemporary, hip, and upscale—a perfect balance between the old and the new.
- Address
- Year Built
Cutting through the middle of the neighborhood north to south is Fillmore Street, known for its upscale boutiques, destination restaurants, sidewalk cafes, and trendy bars. This strip is straddled by two parks: Lafayette Park and Alta Plaza Park are both bubbling public green spaces that neighborhood residents and other locals are drawn to for relaxation and people watching.
2409 Sacramento Street 1900
APN
0636-031
N3umber of Stories
Water Meter
Building Area (per graphic artist)
One for Whole Building
4,069 Sq. Ft.
History, charm, flair, and unparalleled panoramic views of the San Francisco Bay and the Golden Gate Bridge combine to make Pacific Heights a magnet for the affluent looking to put down new roots someplace rich in more ways than one.
- Lot Size (per tax records)
- Electric Meters
- 3,381 Sq. Ft.
- One for Top 2 Floors
& One for Ground Floor
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
Floor Plans
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
Nearby Amenities
2409 Sacramento Street
Property
B. Patisserie
Bakery
- 1
- 2
2821 California St, San Francisco
- (415) 440-1700 bpatisserie.com
- 2409 Sacramento St, San Francisco
Peet's Co ee & Tea
Co ee Shop
Pizzeria Delfina
Pizza
3579
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2197 Fillmore St, San Francisco (415) 563-9930
2406 California St, San Francisco (415) 440-1189 pizzeriadelfina.com
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Mollie Stone's Markets
Grocery Store
La Méditerranée
Mediterranean
3
9
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2435 California St, San Francisco (415) 567-4902 molliestones.com
2210 Fillmore St, San Francisco (415) 921-2956 cafelamed.com
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6
15
8
California Pacific Medical Center
Hospital
Salt & Straw
Ice Cream
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12
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2333 Buchanan St (415) 600-6000
2201 Fillmore St (415) 829-2803 saltandstraw.com
- 1
- 16
14
4
2
Lafayette Park
Park
Clay Theatre
Indie Movies
10 12 14
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2000 Sacramento St, San Francisco sfrecpark.org/destination/lafayette-park/
2261 Fillmore St, San Francisco (415) 267-4893
Fresca
Peruvian
D&M Wines and Liquors
Liquor Store
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2114 Fillmore St, San Francisco (415) 447-2668 frescasf.com
2200 Fillmore St (415) 346-1325 dandm.com
Jackson Fillmore
Italian
move-sf
Gym
L'Occitane en Provence
Cosmetics
Presidio Branch Library
Library
- 13
- 15
- 16
2506 Fillmore St, San Francisco (415) 346-5288 jacksonfillmoresf.com
2863 California St (415) 875-9486 move-sf.com
2207 Fillmore St (415) 563-6600 t.co/B8bObMLS6E
3150 Sacramento St (415) 355-2880 sfpl.org
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com
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2409 SACRAMENTO STREET
Disclaimer
The information contained herein has been provided by various sources which are deemed reliable, but not guaranteed. Zephyr Real Estate has not verified or investigated the accuracy of this information. Prospective buyers are advised to conduct their own investigation of the property and the information contained herein, utilized licensed professionals where appropriate, before purchasing this property.
The Hooper Group • Tyron Hooper • 415.728.2294 • [email protected] • 2523 California St, San Francisco, CA • ZephyrRE.com