$1,400,000

Estimated payment $9,214/month

Total Views 5,589
3 Beds
-- Bath
3,290 Sq Ft
$426 Price per Sq Ft

Highlights

  • Edwardian Architecture
  • 4-minute walk to J Line Outbound
  • Double Pane Windows
  • Wood Flooring
  • Bay Window
  • 3-minute walk to Upper Noe Recreation Center

About This Home

This 5-unit+ building is a fantastic investment opportunity in the heart of Noe Valley! Each unit is currently tenant-occupied providing stable cash flow. The building is in average condition, making it perfect for investors looking to either maintain as-is or renovate to maximize rent potential. All units have basic finishes with functional kitchens and bathrooms. There is a large backyard, 1 car garage, and separate utility meters. The property is well-maintained with no known structural issues but could benefit from cosmetic upgrades. The City is also requiring a soft story retrofit and pre-work has been completed. Great potential for a value-add investor looking to modernize units. Situated on a quiet, tree-lined street in Noe Valley, this property is near 24th Street's vibrant restaurants, cafes, and boutiques. Close to public transportation, parks, and tech shuttle stops, offering easy access to the rest of San Francisco and the Peninsula. Noe Valley continues to be one of San Francisco's most sought-after neighborhoods, offering a high quality of life and strong appreciation potential. This building offers a fantastic opportunity for both first-time and seasoned investors. Schedule a viewing today and explore the possibilities this gem offer!

Listing Agent

Robert Gibson

Vanguard Properties License #02075156

Vanguard Properties

Co-Listing Agent

Cheryl Maloney

Vanguard Properties License #01966668

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 3,750 Sq Ft Lot

Home Design

  • Edwardian Architecture

Interior Spaces

  • 3,290 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Bay Window
  • Fire and Smoke Detector
  • Free-Standing Gas Range

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Tile

Utilities

  • Separate Meters
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6652-029

Community Details

Overview

  • 5 Units
  • Built by 12/23/24

Building Details

  • 3 Leased Units
  • 2 Vacant Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Property Condition: Varies By Unit
  • Builder Name: 12/23/24
  • Levels: Three
  • Stories: 3
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Number Of Rooms: 13
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Laminate, Linoleum, Tile, Varies By Unit, Wood
  • Price Per Square Foot: 425.53
  • Square Footage: 3290.00
  • Window Features: Bay Window(s), Dual Pane Partial, Varies By Unit

Exterior Features

  • Exterior Features: Yard Space

Utilities

  • Cooling: None
  • Heating: Varies By Unit
  • Security Features: Fire Alarm, Fire Extinguisher
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electric, Internet Available, Natural Gas Connected
  • Water Source: Public, Water District

Fee Information

  • Utilities Expenses: 7000

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 6652-029
  • Lot Features: Curbs/Gutters, Shape Regular
  • Lot Size Acres: 0.0861
  • Lot Size Sq Ft: 3750.00
  • Lot Size Units: SqFt
  • Price Per Acre: 16260162.60

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Number Of Units Month To Month: 3
  • Units Furnished: None

Building Info

  • Number of Units Total: 5

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 12.70
  • 1 Bedroom Rent Range: $735-$2600
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 3
  • Number of Studio Units: 2
  • Number Of Units Leased: 3
  • Number Studios Occupied: 1
  • Separate Meters: Common Area Meter, Electricity, Gas
  • Studio Rent Range: $2100
  • Total Number Leasable: 2

MLS Schools

  • School District County: San Francisco

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 For Sale $1,400,000 0.0% $426 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $1,400,000 -13.8% $426 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,625,000 -3.0% $494 / Sq Ft
09/10/2024 09/10/24 Price Changed $1,675,000 -6.7% $509 / Sq Ft
04/26/2024 04/26/24 Price Changed $1,795,000 -3.0% $546 / Sq Ft
02/21/2024 02/21/24 For Sale $1,850,000 -- $562 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424010349

San Francisco Association of REALTORS® MLS