1706 Oakdale Ave San Francisco, CA 94124
- Commercial real estate
- 1,330 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1706 Oakdale Ave
- Year built
- 1908
- Property size
- 1,330 SF
- Property type
- Commercial real estate
- APN
- 5312-008
Description
This 2-unit, 1,330 square foot apartment building presents a compelling value-add investment opportunity in San Francisco, CA. Located at 1706 Oakdale Ave, 94124, this property boasts a desirable location with convenient access to downtown San Francisco, public transportation, and the airport. Built in 1908, the property sits on a lot ranging from 2,400 to 2,600 square feet and is zoned RH2. Currently vacant, this distressed property offers a significant upside potential. The asking price is $700,000, representing a price per unit of $350,000. The property features a projected Pro-Forma NOI of $60,000, resulting in a 7.00% cap rate. The building is a two-story Class B multifamily property with a total net rentable area of 1,330 square feet. This is a ground lease-free opportunity with no existing lease agreements. Investors can capitalize on the current vacancy to renovate and reposition the property to maximize rental income and value. The property's location in San Francisco, combined with its value-add potential, makes it an attractive investment for those seeking to build equity in the San Francisco real estate market. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.39245982583
- Latitude
- 37.735822229944
