Exclusive homes for sale in St. Mary's Park

Priced at a low GRM of 10.28, a current CAP of 4.97%, and an estimated NOI of $90,786 it is a great opportunity for an investor to add to its portfolio of trophy assets. This is a desirable 12 units residential plus successful thriving retail in a vibrant desirable rental neighborhood with heavy pedestrian traffic. This is a highly sort after location for new arrivals to the City in need of housing at a reasonable rate. The building is well situated close to shops, dining, public transit, and entertainment. Initially build as a hotel later converted to apartment use, this building has an open atrium and wide stairwell with a skylight that brings a lot of lights and ventilation to the interior common area. The building has a desirable unit mix of 10 studio and 2 one-bedroom units that are easy to manage and rent out.

2316-2318 Mission Street is a 2-unit, mixed-use property that sits in the heart of one of the busiest retail corridors in San Francisco. The 2-story property consists of a residential flat over a large retail space that measures approximately 2,250 square feet (full lot coverage 25 feet x 90 feet). The residential flat is currently occupied by the owner and will be delivered vacant at the close of escrow. The retail space at 2318 Mission Street has ample frontage and display windows in the front of the building and an elevated mezzanine space in the rear. The space boasts 12-foot ceilings and will be delivered vacant. The property is located just steps from the BART stations at 16th and 24th Streets as well as the many restaurants, bars and retail establishments along Mission Street and Valencia Street. The property may also be sold as an assemblage along with 2320-2322 Mission Street & 2326-2330 Mission Street giving a developer an opportunity to purchase a sizeable infill asset near copious public transportation.