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Hanna John Azar

1252 48th Ave

$1,876,000 1252 48th Ave, San Francisco, CA 94122

1252 48th Ave, San Francisco

6 Unit Apartment Building | 2 Vacant Units | $1,876,000

Located a short distance to boutiques, restaurants, Ocean Beach, hiking trails, 1252 48th Avenue is a well maintained six-unit apartment building located in San Francisco's Outer Sunset neighborhood. Two out of the six units were delivered vacant. 

This property was purchased an upleg to a 1031 exchange. Ismael and Hanna guided the sellers through the intricacies of a tax-deferred 1031 exchange, aiding them in identifying a suitable replacement property. To ensure a smooth transition, we skillfully negotiated multiple extension options on the sale of their downleg, affording the sellers ample time to secure their new investment.

Key Highlights:

  • Buyer Representation

  • 4 Two-Bed/One-Bath and 2 Studio Units
  • Price Per Unit - $312,667
  • Price Per SqFt -$487

  • Cap Rate- 5.57%

  • Sold
    Status

Features & Amenities

Area & Lot

  • Status: Sold

Financial

  • Sales Price: $1,876,000

1252 48th Ave

Work With Hanna John

During his past experiences, Hanna John has gained particularly strong knowledge and hands-on experience in maneuvering complex multi-faceted value-add investments.
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