This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

266 8th Avenue 266 8th Ave

11 Unit Apartment Building $6,215,709 CAD ($565,064 CAD/Unit) 5.10% Cap Rate San Francisco, CA 94118

Investment Highlights

  • The Inner Richmond is bordered by Golden Gate Park and the Presidio, which offer hiking trails, gardens, golf courses, and museums
  • Clement Street high traffic, busy restaurants, shops and more!
  • Easy commutes from the Inner Richmond as it is accessible by Muni bus lines and California Highway 1

Executive Summary

Located within the best blocks of the Inner Richmond. Nestled between Clement and California Streets! 266 8th Avenue Apartments offer a unique opportunity to own a exceptionally maintained property owned by the same family since it was built in 1972. Excellent proximity to shopping, dining, entertainment and more. This multiunit property consists of 11 units, 3 of which are brand new ADUs . An unique mix of spacious units. Currently vacant 4 bedroom 2 ½ bathroom to floor unit would be ideal for an owner user. The remining units are a mix of, 3, 2, 1 and a studio units. The spacious top floor unit has new floors and fresh paint and provides immediate flexibility for a buyer to move in. Soft story and SF FIRE updates are complete. You have several units at market rent while there is ample upside potential. You will find this property presents a tremendous opportunity for much potential. Excellent income, upside for long term goals, and owners unit or extra rental value right away.

Data Room Click Here to Access

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $492,659 $46.84
Other Income - -
Vacancy Loss - -
Effective Gross Income $492,659 $46.84
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $492,659
Annual Per SF $46.84
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $492,659
Annual Per SF $46.84
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $6,215,709 CAD
Price Per Unit $565,064 CAD
Sale Type Investment
Cap Rate 5.10%
Gross Rent Multiplier 12.6
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 10,519 SF
No. Stories 3
Year Built/Renovated 1972/2021

Unit Amenities

  • Kitchen
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Security System
  • Bicycle Storage
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1426-048
Land Assessment
$212,561 CAD
Improvements Assessment
$603,987 CAD
Total Assessment
$817,081 CAD

zoning

Zoning Code RM-1, R-2
RM-1, R-2
  • Listing ID: 33480073

  • Date on Market: 2024-10-10

  • Last Updated:

  • Address: 266 8th Ave, San Francisco, CA 94118

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}