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Investment Highlights

  • 100% occupied with significant rental upside potential.
  • One-to-one parking and individual storage for all units.
  • Prime Noe Valley location near 24th Street retail corridor and major transit routes.
  • Four one-bedroom units and two two-bedroom units with desirable layouts.
  • Large lot providing long-term flexibility and potential for future development.
  • Well-maintained property with strong ownership history and separate utility meters.

Executive Summary

252 Chattanooga Street presents a rare opportunity to acquire a well-maintained six-unit multifamily property in the heart of San Francisco’s Noe Valley, one of the city’s most desirable and stable neighborhoods. Built in 1900, the property spans 4,623 square feet on an expansive 7,945-square-foot lot, offering long-term flexibility and potential for future enhancements.
The unit mix includes four one-bedroom/one-bath units averaging 600 square feet and two two-bedroom/one-bath units of approximately 800 square feet. Each unit benefits from abundant natural light and functional layouts. The property features a 1:1 parking ratio with six dedicated spaces, eight private storage lockers, and separate PG&E meters, water heaters, and individual heating systems.
Currently 100% occupied, the asset offers clear rental upside with over 46% potential rent growth. Its prime location near the vibrant 24th Street retail corridor provides residents with world-class dining, boutique shopping, and excellent transit connectivity, including tech shuttle stops and major routes to the Peninsula and Silicon Valley. This property combines strong in-place income with significant long-term appreciation potential, making it an attractive investment in a high-demand submarket.

Property Facts

Price $3,089,205 CAD
Price Per Unit $514,867 CAD
Sale Type Investment
Cap Rate 5.75%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 4,623 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900
Parking Ratio 1.3/1,000 SF
Zoning RH2 - Medium Density Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+1 2 - -
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
  • Listing ID: 39891414

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 252 Chattanooga St, San Francisco, CA 94114

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