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Updated about 7 years ago,

User Stats

147
Posts
97
Votes
Haim Mamane Palman
  • Investor
  • San Francisco, CA
97
Votes |
147
Posts

San Francisco Triplex with a bonus property - Fixer, huge upside

Haim Mamane Palman
  • Investor
  • San Francisco, CA
Posted

Off Market**Selling my interest/Contract to buy this property but I have the capacity and intention to buy it.

This Victorian property located in the heart of the Richmond district.

12 bedrooms 5 bath, 3575 sqft.

 There are TWO structures on one Lot - a triplex with significant fire damage and a bonus property in the back with 5 bedroom 2 bath. See videos below.

The triplex is completely gutted and the back unit can be converted to two legal units (permits already approved).

*sold subject to tenants rights. 

Check out the videos just to give you an idea of the scope of the work and the layout of the properties:

- First Floor Triplex: https://vimeo.com/231649535

- 2nd Floor Unit Triplex: https://vimeo.com/231649472

- Top Floor Triplex: https://vimeo.com/231649349

Bonus Property in the Back: https://vimeo.com/231649906

Pictures link: https://www.dropbox.com/sh/tcc12jxp9lrvkfg/AADWBa_eFJNKCIyo-cHfB-KEa?dl=0

After Repair Value: 3M range. if your exit strategy is TIC conversion it can be 3.1-3.2M maybe even more. But it really depends on your exit strategy.

Contact [email protected] for more details/showings

Offering