305 23rd Ave - Multi-Family FOR SALE


San Francisco, CA 94121- Richmond District
$3,498,888 USD
415-786-3662
305 23rd Ave, San Francisco, CA for Sale
$3,498,888 USD
Multi-Family - FOR SALE
1/45
null | Request Cap Rate

305 23rd Ave
San Francisco, CA 94121
Richmond District


HIGHLIGHTS

  • Great corner location in the Richmond District
  • Two units delivered vacant
  • 4-Car garage

OVERVIEW

Urban Group Real Estate presents 2201–2205 Clement Street, a ten-unit mixed-use apartment building located in San Francisco’s Richmond District. This three-story corner building includes residential and commercial uses, offering investors stable income, leasing flexibility and long-term value-add potential. The property features two two-bedroom, one-bath units, six one-bedroom, one-bath units, and two ground-floor retail spaces, along with four garages. Apartments feature efficient layouts and ample natural light, and the property includes on-site coin-operated laundry. Two of the residential units and one garage space are currently vacant, presenting immediate leasing opportunities and the potential for additional rental income. The property also offers long-term upside and expansion potential through the possible conversion of garage space into accessory dwelling units. Located in the Richmond District, a high-demand San Francisco rental market, the building benefits from strong residential occupancy trends and active commercial corridors. Its corner location provides excellent retail visibility, while residents enjoy proximity to Golden Gate Park, Ocean Beach, local dining and shopping, and major transit lines. 2201–2205 Clement Street represents a rare Richmond District mixed-use investment opportunity, combining current income with near-term lease-up upside and long-term value creation in one of San Francisco’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$3,498,888 USD

PRICE/SF

$488 USD /SF

# OF UNITS

10

PRICE/UNIT

$349,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-Unit Mixed Use Apartment Building

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,429 SF

ZONING

NCD

APN/PARCEL ID

1455-001

ASK ABOUT THIS PROPERTY

Louis CornejoUrban Group Real EstateMore Info
415-786-3662

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Louis CornejoUrban Group Real EstateMore Info
415-786-3662

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