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833 Corbett Ave 5 Unit Apartment Building $3,768,984 CAD ($753,797 CAD/Unit) 5.02% Cap Rate San Francisco, CA 94131



EXECUTIVE SUMMARY
833 Corbett Avenue is a rare 5-unit investment opportunity in San Francisco's iconic Twin Peaks neighborhood. This impeccably maintained property features a diverse unit mix: one 3-bedroom/2-bath, one 2-bedroom/2-bath, one 2-bedroom/1-bath, and two 1-bedroom/1-bath. Unit 1 spans two levels with a house-like layout and 2 bathrooms. Unit 5 is also a generous two-level 2-bedroom residence. Every apartment captures sweeping panoramic views of San Francisco, from Downtown and through the Bay looking south. Each unit also includes private outdoor space for residents to enjoy the city skyline. The building's distinctive design cascades from Corbett Avenue down to a secondary frontage on Market Street. There is a 5-car garage providing parking for the tenant's convenience.
Utilities are separately metered, with tenants paying for gas, electric, and heat, keeping operating expenses minimal. The soft-story seismic retrofit was completed in 2019. The property shows the pride of ownership throughout, offering a solid investment with over 30% rental upside. This is an excellent opportunity to
acquire a turn-key building with amazing views in one of San Francisco's most sought-after locations.
Utilities are separately metered, with tenants paying for gas, electric, and heat, keeping operating expenses minimal. The soft-story seismic retrofit was completed in 2019. The property shows the pride of ownership throughout, offering a solid investment with over 30% rental upside. This is an excellent opportunity to
acquire a turn-key building with amazing views in one of San Francisco's most sought-after locations.
PROPERTY FACTS Under Contract
| Price | $3,768,984 CAD | Property Subtype | Apartment |
| Price Per Unit | $753,797 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.02% | Lot Size | 0.10 AC |
| Gross Rent Multiplier | 13 | Building Size | 4,995 SF |
| No. Units | 5 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1967 |
| Zoning | RM1 | ||
| Price | $3,768,984 CAD |
| Price Per Unit | $753,797 CAD |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| Gross Rent Multiplier | 13 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,995 SF |
| No. Stories | 5 |
| Year Built | 1967 |
| Zoning | RM1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 2778-034 | Improvements Assessment | $733,079 CAD |
| Land Assessment | $89,936 CAD | Total Assessment | $823,555 CAD |
PROPERTY TAXES
Parcel Number
2778-034
Land Assessment
$89,936 CAD
Improvements Assessment
$733,079 CAD
Total Assessment
$823,555 CAD
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833 Corbett Ave
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