490 Francisco Street

Prime North Beach six-unit investment opportunity, one block from Trader Joe's, with Grocery Outlet, neighborhood cafs, restaurants and convenient public transportation nearby. Fully occupied with strong in-place rents, the property generates approximately $194,369 in annualized gross income based on actual current rents. The building features four remodeled two-bedroom apartments and two one-bedroom apartments, including a two-bedroom recently leased at $5,000 per month. Top-floor apartments feature skylights and in-unit laundry. In addition to the apartment renovations, building improvements include a completed soft-story seismic retrofit and an upgraded fire alarm system. Washington Square Park, Joe DiMaggio Playground, North Beach Library, Fisherman's Wharf and the waterfront further enhance this excellent location. A compelling investment combining strong income, substantial upgrades and long-term rental upside.