935 Geary Street is a well-maintained 10 story concrete and steel building. Located on Geary Street between Larkin and Polk this building contains 112 efficiency studios each with their own private bathroom, 4 studio apartments, a one-bedroom townhouse-style apartment, and one currently vacant commercial storefront space. There is also a laundry room, 2 leasable office spaces, and a 4 car garage. Plans have also been submitted to the City to install a cell tower on the roof. Currently the building is 60% occupied with 40% of the units vacant which provides significant upside potential for an investor. Some of the vacant units will require renovations prior to renting. This building is perfectly located close to transportation, the new CPMC Hospital on Van Ness, Union Square and downtown.
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Courtesy: Charles Post - Post Real Estate Advisors
Arrows indicate 90 day trend
