101 Point Lobos Ave - Apartments FOR SALE


San Francisco, CA 94121- Richmond District
$11,500,000 USD
415-614-4354
101 Point Lobos Ave, San Francisco, CA for Sale
$11,500,000 USD
Apartments - FOR SALE
1/7
null | 4.35% Cap Rate

101 Point Lobos Ave
San Francisco, CA 94121
Richmond District


HIGHLIGHTS

  • Stabilized 32-unit Asset: Offered at $11,500,000 with strong in-place cash flow and embedded rent growth.
  • Organic Upside Through Turnover: With market-rate leasing potential in the supply-constrained Outer Richmond near UCSF.
  • Value-Add Opportunity: Including interior renovations that could achieve 15–25% rent premiums, plus common area enhancements.
  • Strong Physical Fundamentals: With well-maintained exterior and period detailing — allowing capital to focus on value creation, not deferred maintenan

OVERVIEW

El Prado Apartments is a distinguished 1920s Spanish Colonial Revival multifamily property located at 101 Point Lobos Avenue in San Francisco’s Outer Richmond, positioned at the gateway to Land’s End. From its elevated corner setting, the graceful five-story building enjoys sweeping city and coastal views. Defined by its terracotta tile roofline, arched entries, ornate façade detailing, and hand-painted Talavera tile entrance plaque, the property exemplifies the era’s finest residential architecture. Comprised of 32 well-proportioned units, the building reflects the characteristics of San Francisco’s highly desirable housing stock, with a blend of tenancy profiles and long-term neighborhood stability supported by proximity to UCSF and abundant outdoor amenities. El Prado offers a rare opportunity to acquire a trophy asset in one of the city’s most established and desirable residential corridors.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

32

PRICE/UNIT

$359,375

CAP RATE

4.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Prado Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1928

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RH2

APN/PARCEL ID

1492-001

ASK ABOUT THIS PROPERTY

Mark BonnCompass CommercialMore Info
415-614-4354

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Mark BonnCompass CommercialMore Info
415-614-4354

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.