OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 •...
Transcript of OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 •...
1398 19th Avenue · SAN FRANCISCO · CALIFORNIA
CHURCH – MULTIPURPOSE ASSEMBLY-ZONED OPPORTUNITY
PRESENTED BY:
Tyler Sheldon | [email protected] | (415) 723-4709 | CA DRE #01200193
4980 Hillsdale Circle, Suite A
El Dorado Hills, CA 95762
www.proequityam.com
CORPORATE ADDRESS:
OFFERING MEMORANDUM
© Copyright 2018. All rights restricted. Though the information herein has been deemed to be from reliable sources, it is up to each interested party to conduct all proper due diligence, including but not limited to, any zoning or local governmental requirements, legal and tax consequence. ProEquity Asset Management Corporation cannot be responsible to any claim to the accuracy of any information contained herein. CA DRE# 01870526
P G S E C T I O N
1 P R O PE R T Y HI G H LI G H T S
2 P R O PE R T Y D E S CR I P T I O N
3 A R E A O V ER VI E W
4 F I NA N CI A L S U MMA R Y
• C A S H F LO W
TABLE OF CONTENTS
© Copyright 2018. All rights restricted. Though the information herein has been deemed to be from reliable sources, it is up to each interested party to conduct all proper due diligence, including but not limited to, any zoning or local governmental requirements, legal and tax consequence. ProEquity Asset Management Corporation cannot be responsible to any claim to the accuracy of any information contained herein. CA DRE# 01870526
1 www.proequityam.com
PROPERTY HIGHLIGHTS
Nineteenth Avenue Chinese Baptist Church1398 19th Avenue, San Francisco 94122
• APN: 1773-010
• Gross Area: 2,610 SF
• Land Use: Religious
• Zoning: RH2
• County Use: Church
• Fire and Life Safety: Up to date and code compliant
Located on 19th Avenue transit corridor of the Inner Sunset District, the property has ideal access to public transit with both Muni (N – line) and Bus stops (N-OWL) at the intersection of 19th and Judah.
2 www.proequityam.com
PROPERTY DESCRIPTION
PHYSICAL DESCRIPTION
Property Name Nineteenth Avenue Chinese Baptist Church
APN 1773-010Subdivision Outside Land Bl 690 Acres 0.04 Lot Area 1,611 SF
CONSTRUCTION
Year Built 1922 Stories Two
Roof Composite shingle
Zoning RH2
Foundation Concrete Construction Wood frame
Total Rooms 7
3 www.proequityam.com
AREA OVERVIEW AREA & PARCEL MAPS · · · · · · · · · · · · · · · ·
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FINANCIAL SUMMARY
FINANCIAL SUMMARY
1398 19th AveSan Francisco, CA 94122
Gross Area 2610 SF Lot Area 1611 SF
Zoning: RH2 / Land Use: Religious Monthly RentTotal Potential Gross Income $11,745
Asking Price $2,349,000Asking PSF $900
StabilizedAnnual Rent$140,940
StabilizedRentable Area - SF2610
ABOUT THE TEAM
ProEquity Asset Management Corporation is a full service real estate company providing asset management, property
management, transaction, and development and construction management services throughout the United States. We are
recognized as a leading provider to some of the nation’s largest commercial real estate owners and loan servicers, and one of
the fastest growing and successful commercial real estate services firms in the region.
Founded on our unique approach and analytically superior services, our team has over 100 years of combined experience in
bringing properties back to stabilization and profitability. We are developers, investment property owners, brokers, and
contractors, combining our extensive management-based experience and expertise to help you increase revenue and expand
investment returns. Our average team leader has over 15 years of experience in their field. We strive to provide professional
and prompt service to each of our clients and partners.
PRESENTED BY:
4980 Hillsdale Circle, Suite A
El Dorado Hills, CA 95762
www.proequityam.com
CORPORATE ADDRESS:
Tyler Sheldon | [email protected] | (415) 723-4709 | CA DRE #01200193
© Copyright 2018. All rights restricted. Though the information herein has been deemed to be from reliable sources, it is up to each interested party to conduct all proper due diligence, including but not limited to, any zoning or local governmental requirements, legal and tax consequence. ProEquity Asset Management Corporation cannot be responsible to any claim to the accuracy of any information contained herein. CA DRE# 01870526