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Corona Heights 3700 16th St 8 Unit Apartment Building $4,187,760 CAD ($523,470 CAD/Unit) 5.50% Cap Rate San Francisco, CA 94114

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INVESTMENT HIGHLIGHTS

  • The MUNI station is just 2 blocks away
  • Located in the Duboce Triangle adjacent to the Castro

EXECUTIVE SUMMARY

Exciting investment opportunity in a fantastic rental location, 3700 16th Street is located just a couple of
blocks up from Market Street at the corner of Castro Street. This corner property gets a ton of light and has all
1-bedroom / 1 bath unit, several of which have been updated as the units turned. The units each rent with a
designated parking space and storage.
Each apartment has hardwood floors, large closets and excellent floorplans. The upper units have amazing
downtown views and a rooftop deck. The building is separately metered for gas and electricity and it also has
separate gas heat. There’s also common area laundry.

PROPERTY FACTS

Price $4,187,760 CAD
Price Per Unit $523,470 CAD
Sale Type Investment
Cap Rate 5.50%
Gross Rent Multiplier 12.4
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 5,300 SF
Average Occupancy 100%
No. Stories 2
Year Built 1959
Parking Ratio 1.51/1,000 SF
Zoning RH3, San Francisco - Multi-family

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Storage Space

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 600
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2614-008
Land Assessment
$2,641,907 CAD
Improvements Assessment
$1,849,061 CAD
Total Assessment
$4,490,968 CAD
  • Listing ID: 38477251

  • Date on Market: 2025-11-17

  • Last Updated:

  • Address: 3700 16th St, San Francisco, CA 94114

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