24 Bosworth St 1 Unit Apartment Building Offered at $2,589,500 CAD at a 3.91% Cap Rate San Francisco, CA 94112

24 Bosworth Street presents a rare transit-oriented investment and mixed-use opportunity in San Francisco’s highly sought-after Bernal Heights/Glen Park corridor. This extensively renovated 1905 Victorian is ideally positioned for investors seeking immediate cash flow, long-term appreciation, and multiple value-add pathways under favorable NC-1 Neighborhood Commercial zoning. Currently tenant-occupied at $6,600/month on a month-to-month lease with tenants paying all utilities, the property generates $79,200 in annual gross income from day one.
The property offers approximately 2,195 SF under roof, including 1,320 SF of finished living space plus an additional 875 SF lower level with garage, storage, half bath, and ADU/JADU conversion potential. Renovated in 2011 with upgraded electrical, plumbing, HVAC, roof, windows, kitchen, and bathrooms, the asset combines classic San Francisco Victorian architecture with modern systems and reduced deferred maintenance.
Strategically located just a ~5-minute walk to Glen Park BART, the property benefits from exceptional commuter connectivity, a 98 Walk Score, 73 Transit Score, and 89 Bike Score, placing it within one of San Francisco’s strongest owner-user and rental demand corridors.
NC-1 zoning and a 40-X height limit create significant future upside potential through multiple investment strategies, including:
Hold for stable in-place income
Owner-user/live-work conversion
Ground-floor commercial activation
ADU/JADU expansion opportunities
Long-term redevelopment and density upside near major transit infrastructure
The lower level presents a strong candidate for ADU/JADU conversion, creating potential additional rental income and increased future asset value. Investors may also benefit from evolving California transit-oriented development legislation and density bonus opportunities applicable to transit-proximate parcels.
Offered at $1,850,000, the property is positioned below the area’s average price per square foot while delivering immediate revenue, flexible zoning, and long-term redevelopment optionality in one of San Francisco’s most supply-constrained neighborhoods.
Buyer to independently verify all zoning, planning, permitting, and development potential with the City and County of San Francisco. Seller and Broker make no representations regarding future development, commercial conversion, ADU, JADU, or other expansion opportunities.