588-596 28th Ave - Apartments FOR SALE


San Francisco, CA 94121- Richmond District
$2,885,000 USD
415-229-8915
588-596 28th Ave, San Francisco, CA for Sale
$2,885,000 USD
Apartments - FOR SALE
1/10
null | 5.57% Cap Rate

588-596 28th Ave
San Francisco, CA 94121
Richmond District


HIGHLIGHTS

  • Prime 6-Unit Apartment Building in San Francisco’s Highly Sought-After Central Richmond District
  • Attractive Unit Mix: Five (5) Spacious Two-Bedroom + One (1) Studio
  • Five (5) Garage Parking Spaces
  • Select Units with Golden Gate Bridge & City Views
  • All Two Bed Units Feature In-Unit Laundry
  • One block from Geary Blvd with convenient access to Golden Gate Park, the Presidio, Ocean Beach, restaurants, retail, and public transportation

OVERVIEW

A prime 6-unit apartment building prominently situated on a corner parcel in San Francisco's highly sought-after Central Richmond District. Situated on a 2,925 SF lot, the property comprises approximately 5,860 SF of building area and features an attractive unit mix of five (5) spacious two-bedroom units and one (1) studio. All two-bedroom units include in-unit laundry, functional floor plans with formal living and dining rooms, generous closet space, high ceilings, and large windows that fill the living spaces with abundant natural light, creating bright and comfortable units with enduring tenant appeal. Select units with sweeping views of the Golden Gate Bridge or the San Francisco skyline. The property also offers five (5) garage parking spaces, including three (3) individual private garages and one (1) oversized garage accommodating two vehicles and additional storage, providing both tenant convenience and additional income potential. Ideally located just one block from Geary Blvd, 588-596 28th Ave provides convenient access to Golden Gate Park, the Presidio, Ocean Beach, neighborhood dining, vibrant retail corridors, and public transportation. Combining an exceptional location, iconic San Francisco views, functional unit layouts, and desirable amenities, this property presents a rare opportunity to acquire a premier multifamily asset with stable income and long-term appreciation potential. In-Place Cap 5.57% | GRM 12.37

FOR SALE DETAILS

PRICE

$2,885,000 USD

PRICE/SF

$492 USD /SF

# OF UNITS

6

PRICE/UNIT

$480,833

CAP RATE

5.57%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,925 SF

ZONING

RM-1, San Francisco

APN/PARCEL ID

1517-019

ASK ABOUT THIS PROPERTY

Haili WuKidder MathewsMore Info
415-229-8915

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

Haili WuKidder MathewsMore Info
415-229-8915

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