Marcus & Millichap is pleased to present 1874 Vallejo Street, a fully occupied, 6-unit multifamily asset located in San Francisco's prestigious Pacific Heights / Marina submarket. Built in 1924, the 6,681-square-foot building sits on a 0.08-acre lot and features a uniform mix of six spacious one-bedroom units averaging 1,114 square feet each. Offered at $3,400,000 ($566,667 per unit / $509 per square foot), the property is 100% occupied and generating $231,174 in Effective Gross Income and $145,602 in current NOI, reflecting a 4.28% current cap rate. With in-place rents averaging $3,247 per unit — roughly 26% below the estimated $4,400 market rate — the asset offers substantial mark-to-market upside, with pro forma NOI projected at $220,177 and a 6.48% pro forma cap rate. Individually metered gas and electric help minimize owner-paid expenses, while the property's prime Pacific Heights location places residents just steps from premier retail, dining, coffee shops, and transportation. With a median household income exceeding $170,000 and average market rents topping $4,000 in the immediate submarket, Pacific Heights remains one of San Francisco's most supply-constrained and sought-after rental markets, positioning 1874 Vallejo Street as a compelling opportunity to acquire a well-located, stabilized asset with meaningful embedded rental growth.