Corona Heights - Castro
$3,000,000
3700 16th Street, San Francisco, CA 94114
5.4
Cap Rate
5,300 sqft
Building Size
Details:
Highlights:
- Great upside in rents!
- Views from most units
- Walk to Castro and Market Street amenities
Description:
Exceptional 8-unit corner property in one of San Francisco's most desirable and high-demand rental markets. The building features eight well-proportioned one-bedroom apartments with great floor plans, ample closet space, and abundant natural light. Several units have been updated, and a top-floor residences have stunning views. The property offers eight garage parking spaces and eight storage rooms, creating valuable additional income opportunities. Separately metered PG&E and individual gas heaters keep operating expenses low. With strong neighborhood demand and several units offering significant rental upside, this is an excellent long-term investment in a premier location steps from parks, cafes, restaurants, and transit.
Location
Gallery