212 Jules Ave, San Francisco, CA 94112

Property Description

210 Jules Avenue is an 8 unit mixed use building situated on a corner in San Francisco's Ingleside neighborhood. Built in 1926, the approximately 5,415 square foot property consists of five studio apartments, two one bedroom apartments, and one commercial unit currently used as storage. The detached corner configuration provides excellent natural light throughout the building, while the apartments offer functional and well designed floor plans. The property currently generates approximately $166,000 in scheduled annual income, with projected market income of approximately $206,000, representing approximately 24% upside. The property also benefits from four-car garage parking. Building improvements include a completed soft story seismic retrofit, fire alarm panel, and sleep alarms. The property is separately metered for gas and electricity, helping keep operating expenses manageable. 210 Jules Avenue is conveniently located near the shops, restaurants, cafes, grocery stores, and public transportation along Ocean Avenue. City College of San Francisco is nearby, with San Francisco State University also easily accessible. The location provides convenient access to neighborhood amenities, transit, and major transportation corridors. This is an excellent opportunity to purchase a turn-key asset with upside in Ingleside.