123 Ripley Street

123 Ripley Street

San Francisco, CA
Bernal Heights
Mixed Use
5
5
$2,500,000

• Amazing north slope location on quiet block with big views

• Four 2bd/2ba units

• One 3bd/2ba unit – delivered vacant

• Five garage spaces – one delivered vacant

• Pride-of-ownership building

• Great upside in rents

Located on the coveted North Slope of Bernal Heights, 123 Ripley has much to offer both investors and owner-occupiers. This unique mid-century property consists of four 2bd/2ba units, a 3bd/2ba owner’s unit (delivered vacant), and five garage spaces. Additionally, there is an unwarranted 1bd unit that will be delivered vacant. The five main units enjoy gorgeous panoramic views of downtown all the way to the east bay. The property has been owned by the same family since it was built and great pride has been taken in its upkeep. The units are separately metered for gas and electricity, and tenants pay for their own heat, so operating expenses are low. There is approximately 80% upside in the current rents, without projecting any rent for the unwarranted unit.