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/biz/ - Business & Finance

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53684286 No.53684286 [Reply] [Original]

>> No.53684298

>>53684286
>What's wrong with it?
It's in muttmerica

>> No.53684317

>>53684286
Back "yard" is shared for standard fuck parties, frequently.

>> No.53684322
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53684322

>>53684298
>muttmerica

>> No.53684354

$600k for a unit in downtown SF doesn't seem that bad. It's probably like 500sqft though.

>> No.53684363

>>53684322
seething fat mutt
You will never be european

>> No.53684366

>>53684286
>May 2013, Sold for $3,250,000
idk
but @ same price as a decade ago, saf something major is

>> No.53684381

>>53684322
The moobs really bring out the soi in this jak.

>> No.53684422
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53684422

>>53684354
>$600k for a unit in downtown SF
Not downtown and you don't want to buy anything there anyways.
it's cheap for a reason.
and it's a 3 two bed one bath and 3 one bed one bath.

>> No.53684482
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53684482

>>53684366
Thats the area in general (for apartments) at this point.
Not super uncommon.

where did you find the last sale?

>> No.53684562

>>53684366
Yeah San Francisco property values have absolutely topped regardless of what the onions or rent prices try to indicate. It's public record that many properties there have not gone up in price in a decade because idk building a city out of 0 interest rate tech people that generate 0 revenue and aggressive drug addicts isn't actually sustainable

>> No.53684570

>>53684286
Great investment for those with the capital.

>> No.53684595

>>53684286
it's in santrancisgay bro
imagine wanting to live there

>> No.53684613

>>53684286
>3.37% cap rate
the only person buying that would be chinks looking to put dirty money in "safe" assets.

>> No.53684638

>>53684562
they were going up for a long time but by 2021 that was over. Now everything is in freefall for the most part.

>> No.53684641

>>53684482
https://www.redfin.com/CA/San-Francisco/349-Cherry-St-94118/home/1877479#property-history

>> No.53684657

>>53684286
the million dollar tax lien the bank has on it

>> No.53684752
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53684752

>>53684613
you could probably get it at a discount.
and when the boomers in the two big units die its payday.

and you could Ellis Act it you just want to live there.
or an owner move in eviction if you just want one of the units

>> No.53684803

>>53684638
The roundtrippooooooors, they're just like my cryptobags now

>> No.53684829

>>53684752
holy shit is it rent controlled or something? those boomers that moved in 40 years ago are paying like 70% below market rent

>> No.53685036

>>53684829
>is it rent controlled or something
why wouldn't it be.

>> No.53685235

They’re SRO units and it’s in the Tenderloin. Hard pass with prejudice.

>> No.53685720

>>53685235
they are not. look at the address.

>> No.53685839

That yield is atrocious. Also, reminder to REtards that "cap rate" is just yield and using the term doesn't make you sound smarter/specialized. Quite the opposite: it exposes you as the dumbest, most basic class of investor. Real estate investors are a single IQ point away from frycooks.

>> No.53686121

>>53684363
You're brown though

>> No.53687085

>>53684286
Looks like they shopped out all the homeless tents.

>> No.53687641

its in a brown country

>> No.53688047

>>53684286
richfag neighborhood.