565 Ellis Street

San Francisco, CA 94109

$2,920,000
Last Sold Price
Beds
7,052 Sq. Ft.
$414 / Sq. Ft.
7,052
Sq. Ft.
$414
per Sq. Ft.

Description

Priced to sell at 10.8 GRM - 5.5% Cap Rate. 565 Ellis Street is a 17 unit building near Civic Center and the Van Ness Corridor. The property consists of 16 studios and 1 commercial space. Most of the studios have been nicely remodeled in the recent past, including the 8 units that will be delivered vacant. The units have hardwood floors, stone countertops, shaker cabinets, and double-paned windows. The commercial space is occupied by a courier service who has been a tenant for about 10 years. There...Priced to sell at 10.8 GRM - 5.5% Cap Rate. 565 Ellis Street is a 17 unit building near Civic Center and the Van Ness Corridor. The property consists of 16 studios and 1 commercial space. Most of the studios have been nicely remodeled in the recent past, including the 8 units that will be delivered vacant. The units have hardwood floors, stone countertops, shaker cabinets, and double-paned windows. The commercial space is occupied by a courier service who has been a tenant for about 10 years. There is new carpet and paint in the common areas, providing welcoming feel for the tenants. This is a great opportunity to purchase a turnkey asset that provides both cash flow and upside.

Listing Agent

  1. Adam Filly

    Adam Filly

    Listing Agent

    Compass

    DRE #01354775

    adam.filly@compass.com

    P: 415.516.9843

Property Details for 565 Ellis Street

Cross Street
Hyde Street
Total Parking Spaces
0

Location

Listing Courtesy of Compass, Adam Filly, DRE #01354775

Sold By Compass, Adam Filly, DRE #01354775

Add your commute
LISTING UPDATED: 06/20/2022 10:52 AM

Property Details for 565 Ellis Street

StatusClosed
MLS #421609772
Days on Compass193
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1922
Lot Size0.05 AC / 2,343 SF
CountySan Francisco County

Location

Listing Courtesy of Compass, Adam Filly, DRE #01354775

Sold By Compass, Adam Filly, DRE #01354775

Add your commute

Building Information for 565 Ellis Street

Stories-Residences17Year Built1922Building Size-Lot Size0.05 AC / 2,343 SF

Payment Calculator

$19,121 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,936

Property Taxes

$3,185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 565 Ellis Street

Summary
Location and General Information
  • Area/District: SF District 8
  • Area Short Display: 8
  • Subdistrict: Tenderloin
  • Location Description: SF District 8, Tenderloin, SF District 8 Tenderloin
Taxes and HOA Information
  • APN: 0334-022
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: None
Property and Assessments
  • Possession: Subject To Tenant Right
  • Picture Count: 15
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: All Units
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 0
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 30
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 10.56
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 1
  • Total # Owner Occupied: 0
  • # Studios Occupied: 8
  • # of Studio Units: 16
  • # Of Units Total: 17
  • # Of Units Vacant: 8
  • # Of Units Leased: 9
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 565 Ellis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 565 Ellis Street

Taxable ValueLand$1,787,040Additions$1,191,662Total$2,978,702
Tax Record2023$38,217 ($3,185 / month)
Home Facts
Total Finished SqFt7,052 SqFtAbove Grade Finished SqFt7,052 SqFtStories4Lot Size2,345 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningRC4CountySAN FRANCISCOAPN0334 -022

Schools near 565 Ellis Street

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Tenderloin Community
PublicK to 5

Francisco Middle School
Public6 to 8

Leadership High School
Charter9 to 12

KIPP Bayview Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Adam Filly, DRE #01354775

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.