Owner or Investor Opportunity Meets Victorian Charm in Prime Noe Valley

Highlights:

• - Five well-appointed units with 4 rooms each, plus enclosed porches for expanded livable space
• - Two vacant units, ideal for owner-occupants or immediate income generation
• - Ground-level storage offering strong potential for conversion into ADUs or rent out at around $300/m each for additional income
• - Original architectural details preserved throughout — perfect for value-add without sacrificing historic charm
• - Located just off 24th Street near tech shuttle stops, cafés, shops, and parks
• - Strong rental demand, walkable location, and sunny microclimate
• - Excellent current CAP rate of 4.67, 14.3 GRM
• = Potential 5.24 CAP at 13.2 GRM with additional income from renting out the 4 storage units
• - Soft story seismic upgrade completed in 2016
• Whether you're a seasoned investor, developer, or an owner-user buyer seeking legacy property with upside, this is a strategic acquisition with room for creativity and future growth. Live in a desirable Noe Valley neighborhood, mortgage-free, paid for by the rent collected.

Description:

Discover timeless elegance and incredible potential in this rare 5-unit Victorian building nestled in highly coveted Noe Valley. Just steps from vibrant 24th Street, residents enjoy easy access to charming boutiques, beloved cafés, tech commuter bus lines, and neighborhood parks. Each spacious unit features 4 rooms adorned with original ornate period details and an enclosed porch that enhances livability. Two flats are currently vacant, offering ideal options for owner-occupancy or additional rental income.
On the ground level, ample storage space opens exciting possibilities for conversion to Accessory Dwelling Units (ADUs), unlocking even more value and flexibility. The building has been upgraded to comply with the soft story seisimic mandate in 2016.
Located in one of San Francisco’s most desirable neighborhoods, this property delivers a winning combination of walkability, excellent weather, community amenities, and architectural character — perfect for homeowners and investors alike.


Nestled in the heart of San Francisco's vibrant Noe Valley, the location offers a coveted blend of urban convenience and neighborhood charm. With an array of trendy cafes, boutique shops, and renowned restaurants just steps away, the area exudes a thriving community atmosphere. Lush green spaces, including the renowned Dolores Park, invite relaxation and outdoor activity. Proximity to the bustling Mission District and tech hub of South of Market enhances the area's appeal to potential office investors, while easy access to public transportation and major highways ensures seamless connectivity for professionals. Embrace the dynamic energy and diverse opportunities that define this exceptional San Francisco locale.

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