77 9th Street, San Francisco

San Francisco Home For Sale

77 9th Street is a well-maintained 6 story concrete and steel building. Located on 9th Street between Mission and Market this building contains 43 studios each with their own private bathroom and full kitchen, a one-room SRO-style apartment with a hall bathroom and no kitchen facilities, and 10 one-bedroom apartments with full kitchens and bathrooms. There is also a shared laundry room, 2 commercial storefronts that are fully leased, and a cell tower installation on the roof. There is a full basement, portions of which could be upgraded and leased for additional income as storage units. The building is currently 95% occupied with 1 studio apartment and two 1-bedroom units currently vacant which provides upside potential for an investor. Many of units are occupied by longer term tenants and rented for well-below current market rents providing additional upside potential. This building is perfectly located close to transportation, many Mid-Market tech firms, Union Square and downtown.