13291333 Powell Street, San Francisco, CA 94133
Commercial property
Sold August 2024
Listing Agent: Bob Johnston (DRE #01228365) · Listing Office: Coldwell Banker Realty · Contact: (650) 324-4456 · Bought with: Olivia Lum · MLS #ML81960141 · Source: CRMLS
About this commercial property
1329 - 1333 Powell Street is a conveniently located eight-unit mixed-use property nestled in Nob Hill, near the heart of Chinatown and North Beach. The building is comprised of six spacious 2 bedroom, 1 bathroom apartments and two ground floor retail spaces. Five units were recently renovated and are vacant. Separate metering for gas and electricity. Capture the potential for increased returns with sizable passthrough banked-rent opportunities. Beautiful views of Coit Tower and Golden Gate Bridge. With recent enhancements and a portion of units available for immediate occupancy, 1329 - 1333 Powell Street stands as an enticing investment prospect, offering a compelling 6.35% Cap rate and 11.29 GRM upon full occupancy. Whether you're a seasoned investor or venturing into real estate for the first time, seize the opportunity to elevate your portfolio with this prime asset.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history