326 Cortland Ave - Apartments FOR SALE


San Francisco, CA 94110- Bernal Heights
$1,300,000 USD
510-219-5777
326 Cortland Ave, San Francisco, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/10
null | 5.19% Cap Rate

326 Cortland Ave
San Francisco, CA 94110
Bernal Heights


OVERVIEW

PROPERTY TOUR DATES: TUESDAY, JUNE 10, 2:00PM-4:00PM THURSDAY, JUNE 12, 12:00PM-1:00PM TUESDAY, JUNE 17, 2:00PM-3:00PM THURSDAY, JUNE 19, 12:00PM-1:00PM The property at 326 Cortland Avenue, San Francisco, presents a compelling investment opportunity in the heart of the vibrant Bernal Heights neighborhood. This mixed-use building features four residential units and one retail space, strategically situated on a corner lot that enhances its visibility and appeal. The residential component includes three (3) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit, with one of the one-bedroom units currently vacant, offering immediate potential for rental income optimization or owner-occupancy. The retail space adds a diversified income stream, capitalizing on the high foot traffic of the bustling Cortland Avenue corridor, known for its eclectic mix of restaurants, cafes, and boutique shops. The retail space is currently on a month-to-month lease. With a total building size of approximately 2,900 square feet on a 1,917-square-foot lot, the property is well-positioned in a walker’s paradise, boasting a Walk Score of 89 and proximity to public transportation, including Muni and easy freeway access. Bernal Heights is renowned for its charming, village-like atmosphere, historic Edwardian architecture, and strong community appeal, attracting a diverse tenant base of young professionals, families, and creatives. The corner lot location not only maximizes exposure for the retail space but also enhances the residential units’ desirability with abundant natural light and street presence. This property offers investors a unique blend of stable cash flow, upside potential through the vacant unit, and the enduring value of a prime San Francisco location in a sought-after neighborhood.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$448 USD /SF

# OF UNITS

5

PRICE/UNIT

$260,000

CAP RATE

5.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

NCD-Cortland Avenue

APN/PARCEL ID

5677-001

ASK ABOUT THIS PROPERTY

EJ CheungMarcus & MillichapMore Info
510-219-5777

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EJ CheungMarcus & MillichapMore Info
510-219-5777

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