300 Precita Ave is a large 5 unit building perched on the corner of Precita Park in Bernal Heights. The corner building is 6,123 sq feet per tax records. The units get tons of light and have spacious rooms. The charming commercial space is occupied by Hillside Supper Club. The building is collecting excellent income over $200,000/yr gross. Priced at 5.56% cap, 13.46 GRM, and $465/ft 300 Precita offers cash flow and pride of ownership in popular Bernal Heights.
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More About Bernal Heights
Just three miles south of downtown, Bernal Heights is one of the older neighborhoods filled with charm, diversity, and character. Quaint and well-maintained housing crawls over several hills, with a park that includes Bernal Hill serving as the centerpiece. Many of the Victorian and Queen Anne homes have been remodeled, and lush landscaping often graces small but meticulously groomed yards. One of the most pleasing aspects of Bernal Heights is the protection offered by the hills, reducing the fog and brightening the view of the bay and surrounding hills. The community spirit is strong in Bernal Heights, and many of its proud residents consider is a "village" within San Francisco.