Property Detail

Description

Rare six-unit multifamily building on a prominent corner in the heart of the Mission District. The +/-3,928 SF property is comprised of four studios and two one-bedroom, one-bath units, each featuring hardwood floors, high ceilings, walk-in closets, French doors and original period millwork. Three garages provide off-street parking for four vehicles — an uncommon amenity in this neighborhood — along with an on-site laundry room, private outdoor space and a mature landscaped garden. Currently producing $164,484 in annual gross income at a 5.4% cap rate, with long-term income growth potential as units turn to market over time. Located one block from the 24th Street corridor and its restaurants, cafes, bakeries and local grocers; steps to the Balmy Alley murals and Garfield Square Park; and a short walk to 24th St Mission BART and multiple Muni lines. A well-located, amenity-rich asset in one of San Francisco's most supply-constrained rental submarkets.