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.