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423-433 S Van Ness Ave 6 Unit Apartment Building $3,760,064 CAD ($626,677 CAD/Unit) 7.92% Cap Rate San Francisco, CA 94103



EXECUTIVE SUMMARY
An exceptional investment opportunity awaits with this remarkable grand-scale Victorian mixed-use property. Situated in the heart of San Francisco's vibrant Mission District, this unique and impressive property offers a fusion of history and charm with strong income.
Currently at full occupancy with a blend of commercial and residential tenants, this sprawling property spans over 10,000 square feet, comprised of a semi-detached structure on a generously sized lot.
Diverse and robust income streams are a hallmark of this investment, boasting a varied portfolio of tenants. The residential units showcase exquisite architectural details, high ceilings, and spacious kitchens that flow onto decks overlooking the lush, tropical garden.
The commercial units share the same grand scale, featuring high ceilings and abundant space, perfectly suited for a range of uses such as retail, office space, or creative work environments. Beyond the property's walls, the Mission District offers a captivating array of attractions. Enjoy a thriving restaurant and bar scene, discover unique small businesses, and relish in the vibrant ambiance of Dolores Park. Seamlessly connect to the city's heartbeat with easy access to the Muni Metro and BART, making commuting a breeze.
With its storied past and urban appeal, this investment gem has consistently ranked high on the list of sought-after locations for both residential and commercial ventures. Don't miss out on the chance to make it yours!
Currently at full occupancy with a blend of commercial and residential tenants, this sprawling property spans over 10,000 square feet, comprised of a semi-detached structure on a generously sized lot.
Diverse and robust income streams are a hallmark of this investment, boasting a varied portfolio of tenants. The residential units showcase exquisite architectural details, high ceilings, and spacious kitchens that flow onto decks overlooking the lush, tropical garden.
The commercial units share the same grand scale, featuring high ceilings and abundant space, perfectly suited for a range of uses such as retail, office space, or creative work environments. Beyond the property's walls, the Mission District offers a captivating array of attractions. Enjoy a thriving restaurant and bar scene, discover unique small businesses, and relish in the vibrant ambiance of Dolores Park. Seamlessly connect to the city's heartbeat with easy access to the Muni Metro and BART, making commuting a breeze.
With its storied past and urban appeal, this investment gem has consistently ranked high on the list of sought-after locations for both residential and commercial ventures. Don't miss out on the chance to make it yours!
PROPERTY FACTS
| Price | $3,760,064 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $626,677 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 7.92% | Building Size | 10,568 SF |
| Gross Rent Multiplier | 9.98 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1885 |
| Property Subtype | Apartment | ||
| Zoning | M-1, San Francisco | ||
| Price | $3,760,064 CAD |
| Price Per Unit | $626,677 CAD |
| Sale Type | Investment |
| Cap Rate | 7.92% |
| Gross Rent Multiplier | 9.98 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 10,568 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1885 |
| Zoning | M-1, San Francisco |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (99)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 3552-023 | Improvements Assessment | $1,041,416 CAD |
| Land Assessment | $876,978 CAD | Total Assessment | $1,918,393 CAD |
PROPERTY TAXES
Parcel Number
3552-023
Land Assessment
$876,978 CAD
Improvements Assessment
$1,041,416 CAD
Total Assessment
$1,918,393 CAD
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423-433 S Van Ness Ave
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