4301 Balboa Street is a 9 unit apt building in the Outer Richmond. Constructed in 1965, this is the first time the building has ever been offered for sale. The property consists of 6 2bd units & 3 1bd units. Three of the two-bedrooms are a larger floor plan, though all of the units are spacious. Several units have Ocean views, and tenants can enjoy the views from the roof deck. There are six individual garages, plus a parking pad on the 44th Avenue side of the building. Four of the apartments will be delivered vacant. The vacant units are remodeled and ready to rent. Two garages will also be delivered vacant. There are vacant storage lockers that can be rented as well. The units are separately metered for gas and electricity. The majority of the windows are double pane, many of them recently replaced. Seller upgraded the electrical system with new panels and subpanels in all units in 2021. There is coin operated laundry, and an elevator for the tenant's convenience. The soft-story retrofit was completed in 2017. Several blocks away is the bustling Balboa Street retail corridor with a plethora of restaurants, cafes, bars, and shopping. This is an excellent opportunity to purchase a turn-key building in an excellent rental location.
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