33-37 Delmar St, San Francisco, CA 94117

This charming building is on one of the City's best streets that is tree-lined & quiet with friendly neighbors just steps from Haight Ashbury, Cole Valley, Golden Gate Park, USF/UCSF & Divisadero Street. A classic building with tasteful architecture, wood floors, tall ceilings, built-in cabinets & natural light, there are 4 identical units with separate entrances that can be used as either two bedroom units with a living room or one bedroom units with a formal dining room. There is a basement with storage spaces, a laundry room & a spacious back yard with mature plants & a sitting area. The units have their own forced air furnaces & water heaters. The two top floor units will be delivered vacant, making the building a great opportunity for an owner occupant or an investor wanting to choose tenants. The lower units were rented in early 2023 for $3,000 & $3,270. Top floor rents are projected at $3,500. Annual gross income is projected to be $160,625 with a GRM of 9.96 & a cap rate of 6.69%. Parking is readily available on Delmar Street & the surrounding blocks. Great shops, restaurants, public transit (N-Judah) & corporate shuttles are a short walk away. The building has been well cared for & inspections are available. Tenant demand for the building is very strong. 97 Walk Score.