1454 Van Ness Ave San Francisco, CA 94110

This turnkey 5-plex, totaling 5,697 square feet, has undergone a renovation completed recently. The property features a current gross rent of $27,892 per month. It is located near AI tech companies. The unit mix includes two large units with 6 beds and 4 baths, measuring 1682 square feet and 1434 square feet, renting for $11,525 and $7,435 per month, respectively. There is also one 3-bed, 2-bath unit spanning 796 square feet, renting for $4,815 per month, and two 1-bed, 1-bath units measuring 427 square feet and 768 square feet, renting for $4,180 and $1,117 per month, respectively. A new luxurious furnished roof top deck is included. Each unit features a vaulted ceiling, large kitchen and living room, and a washer/dryer. A multi-year renovation project, which started in 2019, included new electrical wiring and a 400 amp service with new panels, gas, copper plumbing, paint, roof, and hallway finishes. The unit interiors were fully renovated with new walls and ceilings, subfloors, plank flooring, LED lighting, dual pane windows and doors. High-end kitchens are appointed with new quartz counters, cabinets, and appliances. Bathrooms have new vanities, bathtubs, showers, and plumbing fixtures. Rent levels are commensurate with newer construction properties. Tenants are high income and credit score professionals, with no past due rent or tenant disputes. Tenants reimburse for water, sewer, and trash. The property is suitable for both cash-flow and appreciation-minded investors.