Six-Unit Mixed-Use Property
$2,880,000
920 Valencia Street, San Francisco, CA 94110
6.25
Cap Rate
8,400 sqft
Building Size
Details:
Description:
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.
Documents:
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Offering Memorandum
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Location
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