233 Arkansas St - Active

Situated on a lovely street in Potrero Hill, this superb investment opportunity was built in 1960 and boasts one vacant unit, strong rents & turnkey condition. This clean 4-unit building will stand as a coveted asset in your portfolio, or a fantastic first-time investment too!  Comprising four sunny updated 1-BR apartments, there are 4 parking spaces, common laundry, bike storage, skylit stairwell, and sunny rear garden. The rented units are newly rented (since 2022) with excellent rent and tenant profiles ($3000, $2896, $2695). All units have hardwood floors, modern granite kitchens, updated bathrooms, spacious rooms, and plenty of natural light. The building has nice curb appeal with a new painted exterior.  With high ceilings on the garage level, the building offers excellent opportunities for adding value through ADU(s) and/or expansion.  The north slope Potrero Hill location is highly desirable for an amazing pedestrian and bicycle experience, with Jackson Square Park one block away, & Whole Foods, Starbucks, Plow & Philz Coffee, Bottom of the Hill, California College of the Arts (CCA), UCSF Benioff Children's Hospital, Kaiser Permanente, SF Design District, Chase Center, and many more amenities in close proximity. The building is 1 block to public transportation, close to BART, CalTrain, many corporate shuttles, and the 280 and 101 freeways.  With one unit delivered vacant, this is an excellent opportunity for an owner-occupier or smart investor!