1874 Vallejo Street

San Francisco, CA 94123
Beds
6
Square Ft.
6,681
$3,400,000
1874 Vallejo Street is a 6-unit multifamily asset located in San Francisco's highly desirable Pacific Heights / Marina submarket, offering investors the opportunity to acquire a fully occupied property with meaningful rental upside. Built in 1924, the 6,681 SF building sits on a 0.08-acre lot and is zoned RM-1 (Residential - Mixed, Low Density). Offered at $3,400,000, the property represents an attractive acquisition opportunity at $566,667 per unit and $509 per SF, with a 4.28% current cap rate and 14.54 GRM. The property features six one-bedroom units averaging approximately 1,114 SF per unit. Current operations generate $233,808 in annual gross rent and $231,174 in effective gross income, producing $145,602 in current NOI. With market rents estimated at approximately $4,400 per unit, the asset offers significant mark-to-market potential with pro forma NOI projected at $220,177 and aRead MoreRead Less
Courtesy of Gino Franco, Marcus & Millichap, .
Listing Snapshot
Days Online
1
Last Updated
Beds
6
Square Ft.
6,681
Lot Size
0.08 Acres
Year Built
1924
MLS Number
426154283
30 Days Snapshot Of 94123
$3.83M
-26%
(avg) sold price
6
-14%
homes sold
164
+141%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Living area: 6,681
Lot
0.0836 acres, 3,642 square feet, None
Parking
3 total parkings, Garage
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Dan Chang
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.