Investment Highlights
Executive Summary
3355 Mission Street aka 16 Virginia Street is a mixed-use residential hotel in the Bernal Heights neighborhood of SanFrancisco. The property consists of 15 single room occupancy (SRO) units, 1 retail storefront, and an unwarranted studio. All residential units were recently renovated along with the common areas of the property. Vinyl plank flooring has been installed throughout the property, bathrooms have been updated with floor to ceiling tiling, and the soft-story seismic retrofit has been completed. The retail space is in development as a restaurant/bar. The property is located in the heart of the Lower Mission Commercial Corridor, and is a walker's paradise with a walk score of 97 of 100. Neighborhood amenities include a Safeway grocery store, plentiful restaurants, and entertainment options. Public transportation options are easily accessible with the 14, 24, and 49 MUNI lines within a block and Bart .7 miles away. Additionally, a Type 47 Liquor License is available for purchase with the property.
