OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 •...

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1398 19th Avenue · SAN FRANCISCO · C ALIFORNIA 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

Transcript of OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 •...

Page 1: OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 • Gross Area: 2,610 SF • Land Use: Religious • Zoning: RH2 • County Use: Church

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

Page 2: OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 • Gross Area: 2,610 SF • Land Use: Religious • Zoning: RH2 • County Use: Church

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

Page 3: OFFERING MEMORANDUM 19th Avenue · 1398 19th Avenue, San Francisco 94122 • APN: 1773-010 • Gross Area: 2,610 SF • Land Use: Religious • Zoning: RH2 • County Use: Church

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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.

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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

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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

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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