1031-1039 Scott Street

San Francisco

Just Sold

9 Units in Alamo Square/Western Addition

$4,675,000
  • Sold February 2011
  • Development Opportunity located in Russian Hill
  • Oversized lot - 5,019 SqFt per tax records
  • Represented Seller

  • Sold September 2019
  • Unit Mix: 1-three bedroom, 6-two bedroom, and 2-one bedroom units
  • 5 Units are Fully Remodeled, Including 3 New Loft-Style ADUs
  • Over $1.4M in Renovations
  • Price Per SqFt: $571 | Price Per Unit: $519,444
  • Approximately 31% Rental Upside Potential
  • Scheduled Annual Income: $301,046
  • Cap Rate: 4.70% / GRM: 15.53
  • Building SqFt: 8,184

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