6- Unit Investment Property
$2,500,000
246 28th Street, San Francisco, CA 94131
4.9
Cap Rate
105,975
NOI
Details:
Description:
246 28th Street is a compelling six-unit investment opportunity ideally situated in the heart of Noe Valley, one of the most sought-after rental neighborhoods in San Francisco. Built in 1964, this well-maintained building offers an attractive unit mix of four one-bedroom apartments and two two-bedroom apartments, along with six-car parking and shared laundry conveniently located in the garage.
While efficiently sized, the units are thoughtfully laid out and feature a blend of tile and parquet flooring. The two top-floor residences enjoy partial views of downtown San Francisco, Twin Peaks, and the East Bay, an added lifestyle benefit that enhances long-term rental appeal. Each apartment is equipped with gas wall heaters, and both the heating and PG&E services are separately metered, providing operational efficiency and ease of management.
The location is truly exceptional. Just half a block from the Church Street MUNI line, tenants enjoy seamless access to downtown San Francisco. Commuters will also appreciate the quick connectivity to Highway 101 and the South Bay. Daily conveniences are moments away, including Whole Foods, neighborhood cafés, restaurants, and boutique shopping along both 24th Street and Church Street.
Documents:
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| Offering Memorandum |
Location
Gallery
