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23 Apartment Units + Parking 924 Fulton St 23 Unit Apartment Building $10,237,086 CAD ($445,091 CAD/Unit) 4.90% Cap Rate San Francisco, CA 94117



EXECUTIVE SUMMARY
924 Fulton Street is a beautiful 1927 apartment building near the corner of Fillmore Street in the much sought after Alamo Square Neighborhood of San Francisco. The building consists of 23 total units including (1) two-bedroom/two bath unit, (4) one-bedroom/two bath units, (11) one-bedroom/one bath units and (7) junior one-bedroom/one bath units. The units are very well sized with ample natural light and good closet space; some have huge walk-in closets in bedrooms and hallways. Approximately half of the units have been upgraded over the last 5 years and have a mix of hardwood and carpeted floors. The upper level units have wonderful cityscape views. Many of the one bedroom units have potential for conversion to two bedrooms. The garage level consists of 9 car parking spaces, owner/RM storage rooms, and 2 coin operated washers and 3 coin operated dryers, all building owned. Heat is provided by electric baseboard or wall heaters and all the units are separately metered for PG&E. Owner is responsible for water and trash. Tenants pay for electricity and heat in the units. Elevator was refurbished in 2024 and the roof was replaced in 2006. The electrical has been upgraded from the original fuses. 924 Fulton presents a fantastic opportunity for the astute San Francisco investor!
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PROPERTY FACTS
| Price | $10,237,086 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $445,091 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.90% | Building Size | 20,240 SF |
| Gross Rent Multiplier | 12.1 | Average Occupancy | 96% |
| No. Units | 23 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | RM4 | ||
| Price | $10,237,086 CAD |
| Price Per Unit | $445,091 CAD |
| Sale Type | Investment |
| Cap Rate | 4.90% |
| Gross Rent Multiplier | 12.1 |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 20,240 SF |
| Average Occupancy | 96% |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | RM4 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Hardwood Floors
- Range
SITE AMENITIES
- Laundry Facilities
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | - | - |
| 1+1 | 11 | - | - |
| 1+2 | 4 | - | - |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 0779-010 | Improvements Assessment | $1,089,719 CAD |
| Land Assessment | $311,187 CAD | Total Assessment | $1,400,905 CAD |
PROPERTY TAXES
Parcel Number
0779-010
Land Assessment
$311,187 CAD
Improvements Assessment
$1,089,719 CAD
Total Assessment
$1,400,905 CAD
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23 Apartment Units + Parking | 924 Fulton St
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