Located in the vibrant Haight-Ashbury corridor, 678 Haight Street is a well-positioned mixed-use asset comprised of four residential units and one ground-floor commercial space within a  ±5, 655 square foot building originally constructed in 1890. The property features spacious residential units averaging approximately $4, 922 in current rents, with upside to market levels of approximately $5, 620, along with stable income from the commercial component, providing a balanced and diversified revenue stream. Offered at $2, 998, 000 ($599, 600 per unit / $530 per square foot), the asset operates at an attractive 6% current cap rate with a projected pro forma cap rate of approximately an 8% CAP. With its prime San Francisco location, favorable unit mix, and clear mark-to-market potential, this offering presents investors with a rare opportunity to acquire a high-yield, value-add asset in one of the city’s most desirable rental corridors.
Compare listings
Compare