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Executive Summary

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.

Property Facts

Price $3,432,000 CAD
Price Per Unit $572,000 CAD
Sale Type Investment
Cap Rate 4.24%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 3,748 SF
No. Stories 2
Year Built 1964
Zoning RH2 - Multi Family

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 707
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
6601-042
Land Assessment
$2,389,374 CAD
Improvements Assessment
$1,024,017 CAD
Total Assessment
$3,418,292 CAD
  • Listing ID: 39791922

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 246 28th St, San Francisco, CA 94131

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