463 23rd Ave - Multi-Family FOR SALE


San Francisco, CA 94121- Richmond District
$1,975,000 USD
415-727-1271
463 23rd Ave, San Francisco, CA for Sale
$1,975,000 USD
Multi-Family - FOR SALE
1/9
null | 4.68% Cap Rate

463 23rd Ave
San Francisco, CA 94121
Richmond District


HIGHLIGHTS

  • Well Maintained & Managed
  • Large Open-Air Layouts
  • Several Renovated Units
  • 4-Car Parking + 4 Storage Units
  • Comfortable Rear Yard
  • On-Site Laundry

OVERVIEW

Situated in San Francisco's desirable Richmond District, 463 23rd Avenue is a classic and well-maintained 4-unit apartment building offering strong in-place income and upside potential. Each spacious unit features a large open-air layout, with several units recently renovated for modern comfort. The property includes on-site parking and four private storage units, providing added convenience for tenants. Recent upgrades include exterior painting and electrical improvements, with banked rents and passthrough opportunities for investors. Ideally located near the Geary Boulevard and Clement Street commercial corridors, the building offers easy access to shopping, dining, and excellent transit options. HIGHLIGHTS: • Classic 4-Unit Richmond District Apartment House • Units Leased at or Near Market Rate • Well Maintained & Managed • Several Renovated Units • 4-Car Parking + 4 Storage Units • Comfortable Rear Yard • On-Site Laundry • Banked Rents • Recent Exterior Painting & Electrical Upgrade • Passthrough Opportunities • Excellent Transit Options Nearby • Geary Blvd. & Clement St. Commercial Corridors Blocks Away

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$508 USD /SF

# OF UNITS

4

PRICE/UNIT

$493,750

CAP RATE

4.68%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-1

APN/PARCEL ID

1521-011

ASK ABOUT THIS PROPERTY

Matthew C. SheridanMaven Commercial, Inc.More Info
415-727-1271

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Matthew C. SheridanMaven Commercial, Inc.More Info
415-727-1271

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