Investment Overview
Turnkey property ready to go! 1520 Leavenworth Street is a well-maintained seven-unit apartment building ideally located between Nob Hill and Russian Hill. Five of the seven units have been fully remodeled with wood floors, updated kitchens and baths, new fixtures and appliances, and in-unit laundry. The property offers strong in-place income with tremendous upside in rents.
Recent capital improvements include a completed earthquake retrofit, new electrical panels, fire alarm sounders installed per City requirements, exterior paint, and common-area upgrades. The building is separately metered for gas and electricity and features a desirable mix of five 2BD/1BA units, one 1BD/1BA, and one studio. Inspection reports are available upon request.
Investment Highlights
- Seven units in prime Nob Hill / Russian Hill location
- Five of seven units fully remodeled
- Tremendous upside in rents
- (5) 2BD/1BA, (1) 1BD/1BA, (1) studio
- Wood floors, updated kitchens and baths
- New fixtures and appliances
- In-unit laundry in remodeled units
- Earthquake retrofit complete
- Electrical panels recently replaced
- Fire alarm sounders added per City requirements