58-60 Woodward St

58-60 Woodward StreetSan Francisco

OFFERED FOR SALE 6-Unit Investment PropertyMission District

Mark BonnManaging Director415.614.4354mbonn@apr.comlic.: 01008844

Mirella WebbSenior Investment Advisor415.814.6699mwebb@apr.comlic.: 01409540

58-60 Woodward St

58-60 Woodward St

■ Great Investment Opportunity in the Mission District

■ Only 1 Block from Hot Valencia Street Retail and Restaurants

■ High Cash-Flow Building with Strong Return at 5.0% CAP Rate

■ Due to High Quality of Units, Rents Have Stayed Stabilized

■ Turnkey Property with Significant Recent Capital Improvements Including: Soft Story Retrofit, Custom Designed Steel Garage Doors and Entry Gate + Awning, New Common Area Carpet, New Sidewalk, Roof Redone in 2015

■ Updated Systems – New Electrical in 5 of the 6 Units, Updated Main Panel, Newer Hot Water Heaters in All 6 Units.

■ 3 Units Renovated to Condo Quality with High-end Finishes and Designed by Stu-dio BBA, 2 Additional Units Renovated by Previous Owner

■ 3 Recently Renovated Units have Carrera Marble Countertops, Walk-in Showers and Sleek, Contemporary Design

■ The Units Feature Hardwood Floors, High Ceilings & Abundant Natural Light

■ Three Units Have Dedicated and Spacious Private Laundry Rooms Which Also Function as Storage Rooms; Two Units Have In-unit Stacked Washer/Dryers.

■ 4 Car Tandem Parking

■ Video Security Access

Investment Highlights

58-60 Woodward St

■ Separately Metered for Gas and Electricity

■ Heating is through Gas Wall Heaters Or Forced Air Furnaces

■ Building Square Footage: 5,329 (measurement as per architect)

■ Lot Size: 1,624 Square Feet

■ Year Built 1907 (per assessor records)

Property Facts

Price $3,800,000

Number of Units 6

Price / Unit $633,333

Sq. Ft. 5,329

Price / Sq. Ft. $713

GRM 14.6

CAP Rate 5.0%

Pricing

Typical Unit Floorplan

58-60 Woodward St

Rent Roll

Income Information

Unit Type CurrentRent

Move-in Dates

MarketRents

Comments

58 2 bed / 1 bath $4,350 9/15/2017 $3,950 Includes parking

58A 2 bed / 1 bath $2,137 12/1/2010 $3,950

58B 2 bed / 1 bath $3,950 1/1/2018 $3,950

60 2 bed / 1 bath $3,550 2/24/2018 $3,950

60A 2 bed / 1 bath $3,950 10/15/2017 $3,950 Includes parking

60B 2 bed / 1 bath $3,750 8/1/2013 $3,950

Monthly Income $21,687 $23,700 Annual Income $260,244 $284,400

Scheduled Annual Gross Income $260,244

(Vacancy Factor 3%) $(7,807)

Adjusted Scheduled Gross Income $252,436

(Estimated Annual Expenses) $(63,661)

Net Operating Income $188,775

Estimated Annual Expenses

Real Estate Taxes (1.18%) $44,840

Property Insurance $5,820

PG&E $387

Garbage $2,991

Water $2,583

Janitorial $3,540

Permits & Licenses $500

Repair/Maintenance (estimated at $500 per unit) $3,000

Annual Expenses $63,661

Estimated Expenses and Revenue

58-60 Woodward St

58-60 Woodward St

58-60 Woodward St

The information contained in this Offering is confidential, furnished solely for the purpose of review by a prospective pur-

chaser of the subject property. The material is based in part upon information supplied and in part upon information ob-

tained by Alain Pinel Realtors Investment Group from sources it deems reasonably reliable. No warranty or representation,

expressed or implied, is made by the owner, Alain Pinel Realtors Investment Group, or any of their respective affiliates, as to

the accuracy or completeness of the information contained herein or any other written or oral communication transmitted to

a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in con-

nection with the information or such other communications. Without limiting the generality of the foregoing, the information

shall not be deemed a representation of the state of affairs of the subject property or constitute an indication that there has

been no change in the business or affairs of the subject property since the date of preparation of the information. Prospective

purchasers should make their own projections and conclusions without reliance upon the materials contained herein and con-

duct their own independent due diligence, including engineering and environmental inspections, to determine the condition

of the Property and the existence of any potentially hazardous material located at the site.

The Offering was prepared by APR Investment Group. It contains select information pertaining to the subject property and

does not purport to be all inclusive or to contain all of the information which a prospective purchaser may desire. All financial

projections are provided for general reference purposes only and are based on assumptions relating to the general economy,

competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to

inspect the subject property will be made available to qualified prospective purchasers.

In the Offering certain documents and other materials are described in summary form. The summaries do not purport to

be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis

of such documents. Interested parties are expected to independently review all documents. The Offering is subject to prior

placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorse-

ment or advice as to the value of the Property by APR Investment Group or the Owner. Each prospective purchase is to rely

upon its own investigation, evaluation and judgment as to the advisability of purchasing the subject property described

herein.

The owner and APR Investment Group expressly reserve the right, at their sole discretion, to reject any or all expressions of

interest or offer to purchase the subject property and/or to terminate discussions with any party at any time with or without

notice. The owner shall have no legal commitment or obligation to any interested party reviewing the Offering or making an

offer to purchase the subject property unless a written agreement for the purchase of the subject property has been fully

executed and delivered by the owner and such party and any conditions to the owner’s obligations there under have been

satisfied or waived and then only to the extent expressly provided for therein. Alain Pinel Realtors Investment Group is not

authorized to make any representations or agreements on behalf of the Owner.

The Offering is the property of APR Investment Group and may be used only by parties approved by APR Investment Group.

Alain Pinel Realtors Investment Group 2001 Union Street Suite 200 San Francisco, CA 94123 Phone: 415.814.6690 Fax: 415.409.1125www.aprinvestmentgroup.com

Scheduled Tours:

Tuesday, Sept. 11: 2:00-3:30 PMThursday, Sept. 13: 11 AM - 12:00 PM Tuesday, Sept. 18: 2:30 - 3:30 PMThursday, Sept. 20: 11 AM - 12:00 PM Tuesday, Sept. 25: 2:30 - 3:30 PM

Other Showings byAppointment Only.

58-60 Woodward St