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851 California St
San Francisco, CA 94108
San Francisco Residence Club · Multifamily Property For Sale
·
80 Units
Investment Highlights
- Value- Add Repositioning Opportunity
- Conversion Potential
- Prime Nob Hill Location
Executive Summary
Marcus and Millichap is pleased to present a unique hotel/investment opportunity in Downtown San Francisco, California. This leased, 82-room hotel is well positioned to benefit from San Francisco's gradual recovery in tourism and business travel. The property is master leased at an attractive income, allowing a new investor runway to finalize their long-term plans for the asset whilst enjoying consistent cash flow. J u st steps away from the city's primary business districts, 851 California offers a compelling option for both
business and leisure guests. Its central location provides easy access to public transit and top attractions, including Union Square, the Golden Gate Bridge and Fisherman's Wharf, as well as a wide range of dining, shopping and cultural experiences nearby. 851 California is a generational asset with multiple re-positioning scenarios that allow potential investors to maximize returns.
business and leisure guests. Its central location provides easy access to public transit and top attractions, including Union Square, the Golden Gate Bridge and Fisherman's Wharf, as well as a wide range of dining, shopping and cultural experiences nearby. 851 California is a generational asset with multiple re-positioning scenarios that allow potential investors to maximize returns.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 80 | - | 110 - 150 |
Property Taxes
| Parcel Number | 0256-018 | Improvements Assessment | $3,287,056 CAD |
| Land Assessment | $10,956,887 CAD | Total Assessment | $14,261,875 CAD |
Property Taxes
Parcel Number
0256-018
Land Assessment
$10,956,887 CAD
Improvements Assessment
$3,287,056 CAD
Total Assessment
$14,261,875 CAD
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