$4,950,000

1371 Jackson Street is a 15 unit apartment building in the heart of Nob Hill. This well-maintained asset consists of 5 Studios, 7 One-Bedrooms, and 3 Junior One-Bedrooms. The units have hardwood floors, updated kitchens, and abundant natural light. Some units have GG Bridge views. The owner has converted three of the Studios to Junior One-Bedroom, which may be possible with the remaining five studios, providing additional upside potential. Some of the units have been leased as furnished rentals over the years, currently four are leased in this manner, which has helped keep the rents at or near market rate. There is a garage that can accommodate around 7 cars. The units are separately metered for gas and electricity. Heat is supplied by a steam boiler. There is coin operated laundry for the tenant's convenience. The building has undergone a soft-story seismic upgrade. It is also compliant with the sleep alarm ordinance. The main electrical panel indicates 600 amps of power. This is an excellent opportunity to purchase a turn-key asset in the heart of Nob Hill.