184 Valley St - Apartments FOR SALE


San Francisco, CA 94131- Noe Valley | 
$2,600,000 USD
408-314-3009
184 Valley St, San Francisco, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/32
null | 5.51% Cap Rate

184 Valley St
San Francisco, CA 94131
Noe Valley


HIGHLIGHTS

  • Prime Noe Valley location, steps from 24th Street, with significant rental upside
  • Permitted, all-new-construction ADU
  • Completed soft-story seismic retrofit and upgraded circuit-breaker panels
  • Multiple units with in-unit washer/dryer

OVERVIEW

184-190 Valley Street offers a rare opportunity to acquire a well-located seven-unit apartment building in one of San Francisco's most consistently strong rental markets, Noe Valley. The property features six spacious 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit — the latter a fully permitted, all-new-construction ADU — providing a versatile mix of floor plans that appeal to a wide range of tenants. Situated on a quiet residential block just steps from the vibrant 24th Street corridor, the property benefits from Noe Valley's exceptional demand fundamentals. The neighborhood carries a Walk Score of 97, with the J-Church line roughly a six-minute walk away and the 48 bus line running around the clock, giving residents quick access to Downtown, the Mission, and the broader Peninsula via 280 and 101. Noe Valley continues to stand out as one of San Francisco's most resilient and tightly held submarkets. A largely fixed housing stock with almost no new construction possible, combined with a stable, independently-owned commercial corridor along 24th Street, has helped the neighborhood hold value through softer cycles and attract a loyal, long-term tenant base.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$594 USD /SF

# OF UNITS

7

PRICE/UNIT

$371,429

CAP RATE

5.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,394 SF

ZONING

RH-2

APN/PARCEL ID

6615-039

ASK ABOUT THIS PROPERTY

Fred RubioMarcus & MillichapMore Info
408-314-3009

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Fred RubioMarcus & MillichapMore Info
408-314-3009

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