385 29th St San Francisco, CA 94131
Noe Valley Neighborhood
8
Beds
4
Baths
2,762
Sq Ft
1,729
Sq Ft Lot
Highlights
- Forced Air Heating System
- 1-minute walk to Church And 29Th Street
- 2-minute walk to Upper Noe Recreation Center
- Coin Laundry
About This Home
As of October 2024Private Open House - exclusively for serious buyers! Call 650.867.1128 for any questions. Great investor opportunity w/high cash flow! Welcome to this well-maintained 4-unit apartment building in the heart of the desirable Noe Valley district. Each of the four spacious units features 2B and 1B, with some units offering skylit bathrooms that fill the space with natural light. All units are tenant-occupied with reliable, on-time rent payments, ensuring stable and consistent cash flow for investors. The property offers modern conveniences, including individual water and PG&E meters for each unit, along with a fifth meter for the building's common areas. Additional features include a coin-operated laundry room that provides extra revenue, a large garage on the first floor with ample storage space for tenant convenience, and a security camera system for added peace of mind. The owner has also completed earthquake retrofitting, enhancing the property's safety and value. Located in vibrant Noe Valley, steps away from a variety of boutique shops, fantastic restaurants, cozy cafes, urban parks, and a lively town square, offering the best of city living. This is a great investment opportunity with good cash flow potential in one of San Francisco's most sought-after neighborhoods!
Last Buyer's Agent
Felicia Fong
Sotheby's International Realty License #02202753
Property Details
Home Type
- Multi-Family
Year Built
- 1959
Parking
- 4 Car Garage
- Garage Door Opener
Home Design
- Quadruplex
- Slab Foundation
Interior Spaces
- 2,762 Sq Ft Home
- 2-Story Property
Additional Features
- 1,729 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $144,708
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Insurance Expense $3,965
- Maintenance Expense $3,319
- Other Expense $820
- Utility Expense $673
- Trash Expense $1,864
- Operating Expense $31,211
- Gross Income $144,732
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | For Rent | $3,750 | 0.0% | -- |
| 10/31/2024 10/31/24 | Sold | $1,835,000 | +8.7% | $664 / Sq Ft |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $1,688,000 | -- | $611 / Sq Ft |
Source: MLSListings
Similar Homes in San Francisco, CA
Source: MLSListings
MLS Number: ML81981304
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes