Telegraph Hill Modern Apartment Sold
SAN FRANCISCO, CA -- (8/4/2024) -- Colliers International Multifamily Team Announces the Successful Sale of Premier Mid-Century Modern Apartment Building on Telegraph Hill.
The Multifamily Team at Colliers International is pleased to announce the successful sale of a distinguished mid-century modern multifamily apartment building, strategically located on the iconic Telegraph Hill in San Francisco. This property, renowned for its unparalleled, sweeping bridge-to-bridge views from its units and roof deck, represented a rare and highly coveted investment opportunity.
The property features elegantly designed one-bedroom units, each adorned with hardwood floors, contemporary kitchens and bathrooms, ample storage space, and efficient forced air heating. Tenants benefit from a complimentary laundry room, while four units include private rear decks and outdoor spaces, enhancing the residential experience.
Additionally, the building offers six meticulously maintained, sprinkled storage rooms on the ground floor, providing tenants with extra storage options or presenting an opportunity for additional rental income. The potential to incorporate stacked washer/dryer systems within the units was also available, enhancing tenant amenities.
Significant upgrades were made to ensure compliance with modern safety standards, including a comprehensive seismic retrofit in accordance with the soft story ordinance and an upgraded fire alarm system that meets the latest fire safety codes.
For Additional Information or To Learn About Our Team Services, Please Contact:
Dustin Dolby: [email protected] | (415) 288.7869
Website: www.theDLteam.com
Cushman & Wakefield Executive Director
3 个月??
Chief Executive Officer at Rubicon Mortgage Fund, LLC
3 个月So glad we could get this deal done with you guys great asset and top notch brokerage involved on the deal it really makes a difference working with true professionals!! Rubicon appreciates the opportunity!!