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Mission District Apartment Building
For Sale
$1,920,000

3160 24th Street, San Francisco, CA 94110

Apartment building in vibrant Mission District with modern comfort.

Property Size4,420 SF
Price / SF$434.39
Days on Market527

Property Features for 3160 24th Street

General Information

Standard status Active
Size 4,420 SF

Building Details

Year Built 1915
Listing Agency: BEYCOME BROKERAGE REALTY INC.
Listed By: KEVIN GIOIA
Source: Corcoran
Added: May 10, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BEYCOME BROKERAGE REALTY INC.

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Investment Insights

Based on property information with market context.

Located at 3160 24th St, San Francisco, CA 94110, this apartment building is situated in the Mission District. The property, with a size of 4420 square feet, offers spacious living areas with abundant natural light. It features a well-appointed kitchen and stylish finishes throughout. Residents have convenient access to nearby dining, shopping, and public transportation.

Key Highlights

  • Located in the vibrant Mission District.
  • Spacious living areas with abundant natural light.
  • Well‑appointed kitchen.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$136,671
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,733,420 $2.7M
Cap Rate 7%
$1,952,443 $2.0M
Cap Rate 9%
$1,518,567 $1.5M
Market Conditions
NOI Build-Up for 4,420 SF
Gross rent
$265.2K $60.00/SF
− Vacancy
−$16.7K −$3.78/SF
EGI
$248.5K $56.22/SF
− OpEx
−$111.8K −$25.30/SF
NOI
$136.7K $30.92/SF
Area
ZIP 94110
Vacancy
6.30%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,733,420
Cap Rate 7%
$1,952,443
Cap Rate 9%
$1,518,567

Alternative Uses

Best Use
Apartment 5plus
$1.95M
$1.71M – $2.28M (±1% cap)
NOI $136,671 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$21.59M
$18.89M – $25.19M (±1% cap)
NOI $1,511,292 @ 7.0% cap · market cap 78.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Shipyard K9 Supplies (Bike/Boat/Book/etc) Store Gacela Salon Hair Salon

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,395
Businesses Nearby

Demographics for 94110, CA

68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building in vibrant Mission District with modern comfort.
Where is this apartment building located?
The property is located at 3160 24th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: Located in the vibrant Mission District.; Spacious living areas with abundant natural light.; Well‑appointed kitchen.
More about this property
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