Investment Real Estate Services

SOLD: 724 Jackson St – 10 Unit Mixed-Use in Chinatown

724 728Jackson Ext2

 

  • $3,100,000 List Price
  • 10 Total Units
  • 8 One Bedroom Residential Units
  • 2 Commercial Retail Units
  • Year Built: 1907 *
  • Total Sq.Ft.: 6,222 sq. ft. *
  • Excellent Chinatown Location

 

724 – 728 Jackson Street consists of eight residential units and two street level commercial units. The residential portion features eight one bedroom units. The commercial portion is currently occupied by long term established tenants. The commercial lease for unit 724 expires on July 31, 2017. The commercial lease for unit 728 expires July 31, 2020 and contains an option for renewal.

The property has a tar and gravel roof, is separately metered for gas and electric, and has separate water meters for the residential and commercial components. The commercial tenants pay their own utilities.

The excellent location in the heart of Chinatown is ideally placed for residential renters and the retail tenants benefit from exposure on Jackson just a few steps from both North Beach and the Financial District. The building is situated within short walking distance to the Jackson Square, Financial District, Embarcadero, and Telegraph Hill, as well as several major public transportation lines.

724 – 728 Jackson Street represents an excellent opportunity for an add value investor looking for a well located building with upside potential in both residential and commercial rents.

 Please click here to download the property statement. 



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