569-571 Natoma Street
569-571 Natoma Street
$1,000,000
1
1
4,100
4,100
$244
Closed 11/22/21
Description
569 Natoma Street is an add-value opportunity with 338% of rent growth potential. It is a fully occupied 6-unit multifamily asset in the South of Market (SoMa) West neighborhood of San Francisco. The surrounding area is an attractive hot spot for young professionals; popular activities in the area include yoga studios, concert venues, private clubs, bars and restaurants. The property also benefits from a high concentration of jobs in nearby Mid-Market, Financial District, and SoMa East. The Civic...569 Natoma Street is an add-value opportunity with 338% of rent growth potential. It is a fully occupied 6-unit multifamily asset in the South of Market (SoMa) West neighborhood of San Francisco. The surrounding area is an attractive hot spot for young professionals; popular activities in the area include yoga studios, concert venues, private clubs, bars and restaurants. The property also benefits from a high concentration of jobs in nearby Mid-Market, Financial District, and SoMa East. The Civic Center BART station is just three blocks away from 569 Natoma Street. The property features six (6) 1-bedroom/1-bathroom Romeo-style units, where each floor has two units that are arranged side-by-side and the stairwell runs down the middle with windows facing the street in between floors. There are also 5 vacant storage units. The investment appeal of 569 Natoma Street is its high upside potential through rent growth if an investor can re-rent units at market rate.
Listing Agents
Property Details for 569-571 Natoma Street
Cross Street
7th Street
Total Parking Spaces0
Location
LISTING UPDATED: 11/23/2021 12:13 PM
Property Details for 569-571 Natoma Street
Status | Closed |
---|---|
MLS # | 421595206 |
Days on Compass | 49 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1907 |
Lot Size | 0.04 AC / 1,873 SF |
County | San Francisco County |
Location
Building Information for 569-571 Natoma Street
Stories3Residences6Year Built1907Building Size-Lot Size0.04 AC / 1,873 SF
Payment Calculator
$6,647 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 569-571 Natoma Street
Property History for 569-571 Natoma Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 569-571 Natoma Street
Taxable ValueLand$714,000Additions$306,000Total$1,020,000
Tax Record2023$14,277 ($1,190 / month)
Home Facts
Total Finished SqFt4,100 SqFtAbove Grade Finished SqFt4,100 SqFtStories3Lot Size1,873 SqFtStyleMulti-Family Dwelling (2-4)Year Built1907ZoningREDCountySAN FRANCISCOAPN3726 -039
Schools near 569-571 Natoma Street
This home is within San Francisco Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Daniel Webster Elementary School PublicK to 5 | ||
Lick (James) Middle School Public6 to 8 | ||
Lincoln (Abraham) High School Public9 to 12 | ||
Washington (George) High School Public9 to 12 |
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.
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