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Listed by Marcus & Millichap
$ 2,600,000
Est. payment | /mo
4,379 SqFt
$ 2,600,000
Est. payment | /mo
4,379 SqFt
Open House
Tue Sep 15, 10:30am - 12:00pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,379 sqft
Price per Sqft $593
MLS Listing ID ML82055851
HOA Y/N No
Year Built 1908
Lot Size 1,385 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
184-190 Valley Street offers a rare opportunity to acquire a well-located seven-unit apartment building in one of San Francisco's most consistently strong rental markets, Noe Valley. The property features six spacious 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit the latter a fully permitted, all-new-construction ADU providing a versatile mix of floor plans that appeal to a wide range of tenants. This configuration supports stable occupancy and diversified income, while significant existing loss-to-lease across several units offers a clear path to increased cash flow for a new owner. The property has recently undergone a completed soft-story seismic retrofit, and its electrical infrastructure has been upgraded to modern circuit-breaker panels, reducing the deferred-maintenance burden typically associated with a building of this vintage. With most units currently lacking in-unit laundry, an investor also has a straightforward value-add opportunity to add washer/dryer service and capture additional income and tenant demand.
Location
State CA
County San Francisco
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Appliance Dishwasher, Refrigerator
Nearby Locations
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Qayes Abdulla
REALTOR® Lic# DRE# 02150727