456 Union Street
456 Union Street, San Francisco
$3,150,000 For Sale
Exclusively Marketed By:
• Five Units in Ideal Location
• Spacious Units with Tons of Light
• Great Unit Mix
• Well Maintained, Inside & Out
• Two Car Garage Parking
• ADU Potential
The subject property consists of five units located in Telegraph Hill on Union St. and Grant Ave. The property is broken into two structures on two separate parcels, with a three unit building facing Union St. and a duplex that sits in back and fronts Nobles Alley. Both structures can be accessed via Union St. or Nobles Alley. The unit mix is two 1Br/1Ba units, two five room 2Br/1Ba units and one four room 2Br/1Ba unit.
The property has been well maintained through the years. Units have gas wall furnaces, individual water heaters and separately metered gas and electric; owner pays trash and water. Units receive good sunlight and have great open layouts. Several units have amazing City views. Rents are well below market and offer an opportunity to realize tremendous upside in future rents. There may be potential for an additional dwelling unit (buyer to verify).
The property is well located in one of the most exciting neighborhoods in the City. Located on a very quiet block, yet steps away from all that North Beach has to offer, this property gives tenants everything they could ask for. This is a rare opportunity to own a well-kept property in a great location in North Beach and still offer a buyer tremendous future upside.