2356-2358 Jones Street

San Francisco, CA 94133
Beds
4
Baths
2
Square Ft.
2,436
$2,400,000
2358 Jones Street presents a compelling multifamily investment opportunity in San Francisco's highly desirable Russian Hill neighborhood. Originally constructed in 1917, this two-unit residential asset offers a well-maintained profile within one of the city 's most sought-after neighborhoods, providing future residents with convenient access to premier retail, dining, recreation, and lifestyle amenities. In-place rents of $8,100 per month ($97,200 annually) sit approximately 38% below the scheduled market rent of $13,000 per month, equating to gross potential rent of $156,000 annually. Supported by nation-leading rent growth, the asset offers significant upside through a mark-to- market to $6,500 per month per unit. Offered at $2,400,000 - equating to $1,200,000 per unit and $985 per square foot - the Property provides investors with an attractive basis and a clear path to stabilized cash flow. Strategically located in Russian Hill,Read MoreRead Less
Courtesy of Gino Franco, Marcus & Millichap, .
Listing Snapshot
Days Online
0
Last Updated
Beds
4
Full Baths
2
Square Ft.
2,436
Lot Size
0.04 Acres
Year Built
1917
MLS Number
426160706
30 Days Snapshot Of 94133
$1.30M
-29%
(avg) sold price
3
-50%
homes sold
116
+58%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1917, Living area: 2,436, Levels: Two, 2 stories
Lot
0.0373 acres, 1,625 square feet, Landscaped, Sidewalk
Parking
1 total parking, Garage
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Dan Chang
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.