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$1,350,000

Beds
2
sq ft
2,640

1006 Sutter St, San Francisco, CA 94109

1006 Sutter St

San Francisco, CA 94109

  • 197 days on market
    • Price drop $345,000↓
This is a two unit building that consist of a ground floor retail/office space and an updated 2 bedroom/2 bathroom apartment unit on the 2nd floor. There is exposed brick through both units and there are high end finishes throughout. There are very short term below market rate leases in place, +- 6-8 months, on both spaces. The combined income is +- $9,450.00 per month. This allows a buyer to either use any portion of the building for themselves or purchase it as an investment and continue to rent out the spaces.. This building has always rented quickly and is very desirable. The property is located in a very seasoned neighborhood with strong economic tendencies. The amenities in the neighborhood are abundant as there has been a very large population of residents that have been living in Nob Hill for many years. Its central location, close proximity to downtown and Union Square, abundant public transportation and many fun restaurants and shopping make this one of the premier places to live and work in San Francisco.

Details

Property type

Mixed Use

Est. home value

$1,366,374

Property condition

Updated/Remodeled

Lot size

1,546.38 sq ft

Price per sq ft

$512

Year built

1907

Price History

07/17/2024
SFAR

SFAR #424018096

Listed
$1,350,000
07/13/2024
SFAR

SFAR #424018096

Removed
$1,350,000
03/29/2024
SFAR

SFAR #424018096

Price change
$1,350,000
-20.35%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

December 2013

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

4.28%

Loan type

Not Provided

Seller

Sutter Street Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 2:40 AM

Listing updated: 09/19/2024 at 12:11 PM

Listed by: Louis C. Kwok, Kidder Mathews

MLS: SFAR #424018096

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