3173 21st St - Apartments FOR SALE


San Francisco, CA 94110- Mission
$1,750,000 USD
415-670-9888
3173 21st St, San Francisco, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/6
null | 5.85% Cap Rate

3173 21st St
San Francisco, CA 94110
Mission


HIGHLIGHTS

  • Shovel Ready ADU | Value-Add Opportunity
  • Stable in-place income with clear upside - 11.5%+ Proforma Cap Rate
  • Unit mix: (2) 2bd/1ba + (1) 4bd/2ba + 1 Commercial
  • WalkScore 98 — major retail, food, and transit steps away. High-demand Mission District location
  • Separately metered for WATER and Gas & Electric - Extremely Low Operating Expenses

OVERVIEW

Delivered vacant: 1-bedroom-plus-den unit at 3173 21st Street is ready for a new owner to set market rent from day one. 3173-3173A 21st Street is a 4-unit property with three residential apartments and an ADA-compliant ground-floor commercial space. The residential mix includes the vacant 1-bedroom, 1-bath plus den, a 2-bedroom, 1-bath, and a spacious 4-bedroom, 2-bath. The commercial space operates as a hair salon and is leased at $2,799 per month on a 3-year lease signed in October 2025. A shovel-ready 1-bedroom ADU sits on the ground floor, ready for a future owner to finish and add income. With the existing units brought to market rents and the ADU completed, there is roughly 60% upside in the current rent roll. Separate individual water meters and new 400 amp electrical service keep operating expenses low, making this a strong opportunity for an investor seeking stable income with real growth potential.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$461 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

5.85%

% LEASED

75%

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, Office/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.