1125 Ocean - San Francisco, CA
Local Capital Group acquired a 12 unit building with 16,000 sq ft of net rentable sq ft across 10 residential units and 2 commercial units. The building was acquired in October 2017. The building was constructed new in 2005 with a condominium map filed, allowing for an individual condominium exit from its current use as a rental building. Renovation commenced in June of 2018 and was completed in November 2019.
1125 Ocean is located in the vibrant San Francisco neighborhood of Ingleside. The property is directly across the street from a Whole Foods and a Philz coffee. Public transportation is conveniently located: Balboa Park BART station is 3 blocks away and a K Muni line stop in front of the building, allowing for an easy 20 minute direct commute to downtown San Francisco. City College of San Francisco is 1 block away from the site creating a vibrant community of students. |
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