REQUEST A TOUR
Listed by Cris Lamas Urban Capital SF
$ 3,095,000
Est. payment /mo
Open 9/29 10AM-11AM
10 Brooklyn PL San Francisco, CA 94108
13 Beds
4,740 SqFt
Open House
Tue Sep 29, 9:00am - 11:00am
Tue Sep 29, 10:00am - 11:00am
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,740 sqft
Price per Sqft $652
MLS Listing ID 426160726
Bedrooms 13
HOA Y/N No
Year Built 1928
Lot Size 1,724 Sqft
Acres 0.0396
Property Sub-Type Multi Family
Property Description
10 Brooklyn Place is a fully occupied nine-unit apartment building situated on a quiet residential lane at the intersection of Nob Hill and Chinatown. The 4,740-square-foot, four-story property contains five 1BR/1BA apartments, two 2BR/1BA apartments, one studio and a renovated two-level 4BR/2BA residence leased for $9,000 per month. Offered at $3,095,000, the property provides immediate income and an attractive current return, with net operating income of $201,164, a 6.50% cap rate and a 9.75 GRM. The offering also represents a compelling entry basis of approximately $343,889 per unit and $653 per square foot. Built in 1928 of concrete construction on a concrete foundation, the professionally managed building features 400-amp electrical service, a new sewer lateral, a modified-bitumen roof replaced in 2025, shared coin-operated laundry and an established RUBS program. Current apartment rents total $24,723 per month, with approximately 22% upside at market and an 8.42% pro forma cap rate. Near Grant Avenue, Union Square, the Financial District and North Beach, 10 Brooklyn Place offers investors a rare combination of current yield, income growth and a compelling per-unit basis in one of San Francisco's most walkable and transit-connected locations.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Fireplace No
Building
Lot Description None
New Construction Yes
Others
Tax ID 0242023
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!