1800 20th Street | Potrero Hill
A Portfolio of 25 Fully Leased Units in the Victoria Mews
1800-1824 20th Street, 518-586 Wisconsin Street & 619-687 Carolina Street
Status: In Contract
- Price: $5,350,000
- Building Size: +/- 11,834 Sq.Ft.
As exclusive agents, Urban Group Real Estate is pleased to present 1800-1824 20th Street, 518-586 Wisconsin Street and 619-687 Carolina Street, San Francisco, CA, a portfolio of 25 fully leased units in the Victoria Mews, for purchase (the “Offering”).
ABOUT THE COMPLEX
The Victoria Mews Condominiums were built in 1980 (the “Complex”), with the overall project containing a total of 87 residential units and 24 commercial auxiliary units. A very unique condominium development, the Victoria Mews is an assortment 3-4 story buildings spread over a +/- 1.85 acre complex. The Complex is set in serene garden surroundings, with a year-round creek and unmatched city skyline views as a backdrop. Victoria Mews amenities include a pool, spa, hot tub, tennis courts, gym and club room.
ABOUT THE OFFERING
The Offering is a unique collection of 25 units within Victoria Mews which include all 24 commercial units plus one residential penthouse. This one of a kind Offering presents a savvy investor with a fantastic passive income opportunity with great rental upside, in an ideal neighborhood location in a world class city.
- Very Few Landlord Responsibilities
- Incredible Views
- Great Amenities
- Prime Potrero Hill Location
- No Rent Control
- 5.50% Cap Rate