3173 21st St - Apartments FOR SALE


San Francisco, CA 94110- Mission
$1,590,000 USD
415-670-9888
3173 21st St, San Francisco, CA for Sale
$1,590,000 USD
Apartments - FOR SALE
1/6
null | 6.01% Cap Rate

3173 21st St
San Francisco, CA 94110
Mission


HIGHLIGHTS

  • Shovel Ready ADU | Value-Add Opportunity
  • 100% Occupied with New 3-year Commercial Lease
  • Stable in-place income with clear upside - 11% Proforma Cap Rate
  • Unit mix: (2) 1bd/1ba + (1) 4bd/2ba + 1 Commercial
  • WalkScore 98 — major retail, food, and transit steps away. High-demand Mission District location
  • Separately metered for WATER & Electric - Extremely Low Operating Expenses

OVERVIEW

NOW 100% OCCUPIED! 4-unit mixed-use investment property in the heart of the Mission District, with Partially completed ADU. 3173-3173A 21st Street is a 4-unit property featuring 3 residential apartments: two (2) 1-bedroom units and one (1) spacious 4-bedroom, 2 bath unit—alongside an ADA compliant ground-floor barber shop in the commercial space. A shovel ready / roughed-out ADU, with planning department approval on the ground floor awaits finishing by a future owner, offering additional income potential once completed. With the existing units brought up to market rents and the ADU finished, there is approximately 60% upside in the current rent roll. With new 400 amp electrical service, and SEPARATELY METERED FOR WATER,, the property benefits from extremely efficient operating expenses making this an attractive opportunity for an investor seeking both stable income and growth potential.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$418 USD /SF

# OF UNITS

4

PRICE/UNIT

$397,500

CAP RATE

6.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-Unit Mixed-Use + ADU | Prime Mission

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,113 SF

ZONING

NC3

APN/PARCEL ID

3615-031B

ASK ABOUT THIS PROPERTY

Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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