Gallery
Features
70 Onondaga Avenue, San Francisco
MISSION TERRACE
PROPERTY OVERVIEW
70 Onondago Avenue is a three unit residential income property located in Mission Terrace, San Francisco. This property is a two-story corner building with 3 units and independent garage parking. All three (3) units are currently tenanted with banked rent increases for the past 10 years.
- 3 Unit Residential Income Property Mission Terrace
- Built in 1958
- 2 One-Bedroom One-Bath Units
- 1 Two-Bedroom Two-Bath Unit (Upper Level)
- 2 Garages With 3 Independent Parking Spaces
- All Units Fully Tenanted
- Separately Metered PG&E
- Tenants Pay Garbage & PG&E
- Scheduled Annual Income: $43,268
- Building Square Footage (as per tax records): 2,805
- GRM: 25.42 | CAP: 2.5%
- Lot Square Footage (as per tax records): 3,036
- Parcel No. 6954-021
FINANCIAL OVERVIEW
ANNUAL OPERATING INCOME
| List Price: | $1,100,000 |
| Price Per Sq Ft: | $392.00 |
| Price Per Unit (average): | $367,000 |
| GRM: | 25.42 |
| CAP Rate: | 2.5% |
| Scheduled Annual Income: | $43,268.00 |
| Estimated Annual Expenses: | $16,233 |
| Net Operating Income: | $27,035 |
ESTIMATED ANNUAL EXPENSES
| Property Tax At List Price: | $13,200 |
| Property Insurance: | $3,243 |
| Water: | $2,618 Paid by Owner (one meter) |
| Garbage: | Paid by Tenants |
| PG&E | Paid by Tenants (separately metered) |
| Maintenance | $4,312 Paid by Owner |
| Total Estimated Annual Expenses: | $16,233 |
SCHEDULED RENT ROLL 2020
3 Residential Units
| Unit No. | Location | Unit Type | Current Rent | Move-In Date |
| Unit 1 | Ground Level | 1 BR, 1 BA | $1,060.21 Month-to-Month | February 15, 1993 (last rental increase August 1, 2011) |
| Unit 2 | Second Floor Front | 2 BR, 2 BA | $1,345.45 Month-To-Month | April 1, 1988 (last rental increase August 1, 2011) |
| Unit 3 | Second Floor Rear | 1 BD, 1 BA | $1,200 Month-To-Month | October 1, 2009 (never had a rent increase) |
| Total Scheduled Monthly Income 3 Units | $3,606 |
| Total Scheduled Annual Income 3 Units | $43,268 |
Property photographs in this website (and on the MLS) include Unit 1 and 2, a garage, and the building facade.
Property specialist and listing agent, Angelo Cosentino, is at the ready to help you find the right fit for your lifestyle and needs. Call (415) 298-9171 from 7 am to 7 pm, any day of the week.
For advice and tips on preparing your property for sale, email [email protected] or visit www.angelocosentino.com for more information.
Neighborhood
Mission Terrace is in the south-central section of San Francisco, and is one of its sunniest neighborhoods. The active and involved Improvement Association plans regular annual events such as an Easter egg hunt, Fourth of July parade, and a neighborhood garage sale. The Bridge Garden project, a community effort to enhance the streetscapes and public space, has been very successful. Grants were applied for and received from San Francisco Community Challenge, and volunteers began immediately to make things happen. Balboa Park offers a pool, playground, stadium, baseball diamonds and tennis courts. Residents of Mission Terrace enjoy easy transportation to the 280 freeway, as well as the nearby Balboa Park and Glen Park Bart stations.
Schedule
Open Houses:
Coming Soon
Brokers Tour:
Coming Soon
Additional Showings by Appointment:
Contact Angelo Cosentino
(415) 298-9171
[email protected]
Contact
Angelo Cosentino
Top Ranking Listing AgentExperienced | Tech Savvy | ReviewsCompassDRE# 01224460(415) 298-9171 mobilewww.angelocosentino.com
