1595 Noe Street

San Francisco, CA 94131
Beds
6
Square Ft.
7,290
$3,050,000
Situated on a prominent corner in the heart of Noe Valley, 1595 Noe Street presents an exceptional opportunity to acquire an 11-unit multifamily property in one of San Francisco's most desirable residential neighborhoods. Originally constructed in 1928, the building encompasses approximately 7,290 square feet and benefits from an attractive corner setting, a highly sought-after location, and substantial opportunities for future value creation. Offered at $3,050,000, or approximately $277,273 per unit, the property provides investors with an attractive combination of immediate cash flow and significant rental upside. The building currently generates $149,257 in annual net operating income, representing a 4.89% in-place capitalization rate. Existing residential rents total approximately $19,044 per month, compared to estimated market rents of $32,800, reflecting a 42% discount to market. This considerable loss-to-lease presents an opportunity for long-term income growth as units turn… Read MoreRead Less
Courtesy of Gino Franco, Marcus & Millichap, .
Listing Snapshot
Days Online
0
Last Updated
Beds
6
Square Ft.
7,290
Lot Size
0.07 Acres
Year Built
1928
MLS Number
426171686
30 Days Snapshot Of 94131
$3.32M
+45%
(avg) sold price
22
+83%
homes sold
111
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1928, Living area: 7,290
Garage
5 spaces
Lot
0.0699 acres, 3,045 square feet, Corner Lot, Curb(s), Curbs/Gutters, Sidewalk
Parking
5 total parkings, Attached, Garage, Inside Entrance
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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.