282-284 Valley St - Apartments FOR SALE


San Francisco, CA 94131- Noe Valley
$3,480,000 USD
650-546-1030
282-284 Valley St, San Francisco, CA for Sale
$3,480,000 USD
Apartments - FOR SALE
1/2
null | 5.09% Cap Rate

282-284 Valley St
San Francisco, CA 94131
Noe Valley


HIGHLIGHTS

  • Fully occupied asset in one of San Francisco’s most supply-constrained, high-income submarkets, featuring classic 1910 architecture
  • Rents are approximately 39% below market, offering a clear path to boost cash flow and improve returns through rent normalization
  • the unit mix of spacious two- and three-bedroom apartments caters to strong tenant demand in a supply-constrained, high-income submarket

OVERVIEW

282 Valley Street is a fully occupied six-unit multifamily investment located in the heart of San Francisco’s highly desirable Noe Valley neighborhood. Offered at $3.48 million, the property combines stable in-place cash flow with substantial value-add upside, as current rents are approximately 39% below market, creating a clear path to income growth through rent normalization. The classic 1910 construction offers enduring architectural appeal, while the unit mix of spacious two- and three-bedroom apartments caters to strong tenant demand in a supply-constrained, high-income submarket. With a 5.09% current cap rate and the potential to achieve a 9.06% pro forma cap, 282 Valley Street represents an attractive opportunity to acquire a core San Francisco asset with meaningful long-term upside.

FOR SALE DETAILS

PRICE

$3,480,000 USD

PRICE/SF

$627 USD /SF

# OF UNITS

6

PRICE/UNIT

$580,000

CAP RATE

5.09%

% 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

1910

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,648 SF

ZONING

RH-2

APN/PARCEL ID

6614-021

ASK ABOUT THIS PROPERTY

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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Eymon BineshMarcus & MillichapMore Info
650-546-1030

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