920 Valencia St - Apartments FOR SALE


San Francisco, CA 94110- Baja Noe
$2,880,000 USD
415-625-2111
920 Valencia St, San Francisco, CA for Sale
$2,880,000 USD
Apartments - FOR SALE
1/14
null | 6.25% Cap Rate

920 Valencia St
San Francisco, CA 94110
Baja Noe


HIGHLIGHTS

  • 6.25% Cap Rate
  • 3 Vacant Residential Units
  • Large rear deck for residential units
  • Located on the best block of Valencia Street

OVERVIEW

Marcus & Millichap is pleased to present for sale a six-unit mixed-use property at 920-924 Valencia Street. Located on one of the most vibrant blocks in San Francisco’s Mission District, this property features four spacious two-bedroom, one-bath residential units and two ground-floor retail spaces. The apartments are well-appointed with high ceilings and either hardwood or luxury vinyl plank flooring. A unique and highly sought-after feature is the large rear deck attached to each residential unit, providing private outdoor space in the sunny Mission. Each unit also includes in-unit washer and dryer hookups, with electrical panels brought to each unit. With three of the four residential units currently vacant, a new owner has a significant opportunity to immediately capitalize on the strong Mission District rental market or to make further upgrades to increase value. The two retail spaces, each approximately 1,000 square feet, are leased to a café and a Japanese futon shop. This desirable size and prominent location make them highly attractive to tenants.

FOR SALE DETAILS

PRICE

$2,880,000 USD

PRICE/SF

$390 USD /SF

# OF UNITS

4

PRICE/UNIT

$720,000

CAP RATE

6.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,833 SF

ZONING

RUSD, San Francisco

APN/PARCEL ID

3608-002

ASK ABOUT THIS PROPERTY

Angelo BaglieriMarcus & MillichapMore Info
415-625-2111

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Angelo BaglieriMarcus & MillichapMore Info
415-625-2111

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