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$2,400,000 | 6 UNITS | RUSSIAN HILL
JUST LISTED
30-38 Bernard Street
6
Units
9.7
GRM
7.0%
Cap Rate
$400,000
Price per Unit
30-38 Bernard Street is a six-unit Romeo-style property in the prime Russian Hill neighborhood. Five of the six units will be delivered vacant, offering significant repositioning potential for investors. Each unit includes well-proportioned rooms, hardwood floors, built-in cabinetry, and there is space to add in-unit washers and dryers. The property features a one-car garage and views of the Bay and Bay Bridge from the upper right flat. All units are separately metered for gas and electricity, with individual water heaters. The building underwent a seismic retrofit in 2021. This asset is suitable for both rental income or TIC conversion, with strong demand in this highly desirable location.
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