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Rental Turnover

A 35-unit trophy rental building just a block from Alamo Square's Painted Ladies is up for sale asking $15 million in Western Addition. The building is rent controlled and has five one-bedrooms that rent for $3,500 to $3,800, one "junior" one-bedroom, and 29 studios that rent for about $2,500 per month. At six stories and 21,100 square feet, the property is one of the largest multi-unit buildings on the market right now. [San Francisco Business Times]