1345 California is an eight unit building with eight parking spaces near the top of Nob Hill. All of the apartments are one-bedroom units. One unit is delivered vacant. Only one of the parking spaces is occupied by a tenant of the building, the rest are either vacant, or leased to non-tenants. The building appears to be an excellent candidate for the addition of an ADU(s). The property was constructed in 1960 and has been owned by the same family for many years. The units are separately metered for gas and electricity. There is over 100% upside in the current rents, providing tremendous growth potential to a new owner. There is coin-operated laundry for the tenant's convenience. This prime location provides amazing access to all parts of San Francisco, including all the best amenities that Nob Hill has to offer. Vacant unit and common areas can be shown in accordance with proper Covid-19 procedures.
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