725 Ellis Street is a beautiful and well located 53-unit apartment building in the Tenderloin neighborhood of San Francisco. Constructed in 1930, it is in good condition and boasts period details, including crown molding, hardwood floors, and Bay windows. The unit mix includes 3 two bedroom/one bathroom apartments, 13 one bedroom/one bathroom apartments, 5 junior one bedroom apartments, 25 studio apartments and 7 efficiency studios. There is billboard income on this property. Now is an exceptional time to invest in this area of the City as the sale market in this neighborhood has not yet caught up to other neighborhoods in the City. This property can be purchased at a historically high cap rate in a fluid market where values are rising.
Listing courtesy of Coldwell Banker Commercial Realty.