447 34th Ave - Apartments FOR SALE


San Francisco, CA 94121- Richmond District
$2,895,000 USD
415-586-3600
447 34th Ave, San Francisco, CA for Sale
$2,895,000 USD
Apartments - FOR SALE
1/30
null | 4.3% Cap Rate

447 34th Ave
San Francisco, CA 94121
Richmond District


OVERVIEW

Located in San Francisco's desirable Richmond District, this well-maintained and professionally managed 10-unit apartment building offers an attractive opportunity for both value-add and long-term investors. The property features a versatile mix of four 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studios, providing a range of unit sizes to meet different tenant needs. The building includes 10 parking spaces, 10 storage spaces, separate gas and electric meters, and a coin-operated laundry facility. Recent capital improvements include a new roof completed in 2025 and seismic work completed in 2017. For investors focused on long-term ownership, the property offers an established Richmond District location, diversified unit mix, parking, storage, and meaningful recent capital improvements. For value-add investors, there is potential to increase value over time through thoughtful improvements and future rental growth. The property is conveniently located near neighborhood restaurants, cafs, shops, and public transportation, with easy access to Golden Gate Park and the Presidio. The combination of location, unit mix, parking, storage, and recent improvements makes this an appealing opportunity to acquire and hold a San Francisco multifamily property with potential for future upside. Buyer to independently verify all information, including square footage, unit details, parking, storage, rents, and building improvements.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

10

PRICE/UNIT

$289,500

CAP RATE

4.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

RH2

APN/PARCEL ID

1466-048

ASK ABOUT THIS PROPERTY

Paul MoriMori, PaulMore Info
415-586-3600

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Paul MoriMori, PaulMore Info
415-586-3600

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