About 108 Naglee Avenue
FOR SALE: Renovated 4-Unit Multifamily | $1,950,000 | 7.33% Cap Rate Turn-key, fully occupied 4-unit income property in a prime, high-demand rental market. Generates $12,669/month or $152,028/year in gross income. Professionally managed (6% fee), with a Net Operating Income (NOI) of $142,906 and a strong 7.33% Cap Ratewell above area average. GRM is a competitive 12.82. All units have been recently upgraded with $100,000+ in renovations, including new kitchens, bathrooms, flooring, lighting, and major system updates, minimizing future capex. With a 20% down payment plus improvements ($490K cash in), the projected Cash-on-Cash Return is an impressive 29.16%, assuming modest leverage. Property offers off-street parking and tenant-friendly amenities. Ideal for both seasoned investors and first-time multifamily buyers. Stable income, low vacancy, upside in rents and appreciation. Perfect for 1031 exchange. Rare opportunity to acquire a modern, income-producing asset with minimal maintenance and excellent financials. Contact for full financials and private tour.
Features of 108 Naglee Avenue
| MLS® # | 425043067 |
|---|---|
| Price | $1,850,000 |
| Square Footage | 3,881 |
| Acres | 0.06 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | Apartments |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 108 Naglee Avenue |
|---|---|
| Area | SF District 10 |
| Subdivision | Outer Mission |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94112 |
Amenities
| Has Pool | No |
|---|
Interior
| Interior | Carpet, Varies By Unit, Wood |
|---|---|
| Appliances | Free Standing Refrigerator, Varies By Unit, Free Standing Freezer, Free Standing Electric Range |
| Heating | Central, Varies By Unit |
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | None |
|---|---|
| Roof | Shingle, Flat |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | RH1 |
|---|