Search
Eight-Unit Apartment Corner Property
For Sale
Contact for pricing

701 24th Avenue, San Francisco, CA 94121

Eight residential units are separately metered for gas and electric, with a recently replaced roof and soft story retrofit required.

Property SizeContact for details
Days on Market124

Property Features for 701 24th Avenue

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Engel & Volkers Commercial - Pacific West Advisory Group
Listed By: Michael Johnston · License #CA 01370461
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:41AM

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 Engel & Volkers Commercial - Pacific West Advisory Group

Investment Insights

Based on property information with market context.

The property consists of eight units located on a corner lot at 24th Avenue and Balboa Street. The unit mix includes two 2-bedroom/1-bath apartments, two 1-bedroom/1-bath apartments, and four studio units. The building has been well maintained, and the roof was recently replaced. Each unit has separately metered gas and electric, while the owner pays trash and water.

The asset is positioned for strong street presence at a quiet intersection, and the units are described as receiving good sunlight with open layouts.

The property is on the San Francisco soft story retrofit list and will require retrofit work to be completed. Plans have been submitted, approved, and bids have been placed to complete the required work.

Key Highlights

  • Eight‑unit residential property on the corner of 24nd Ave. and Balboa St.
  • Unit mix: two 2Br/1Ba, two 1Br/1Ba, and four studios.
  • Separately metered gas and electric in each unit; owner pays trash and water.

Property Analytics

Current Use

Ab's Welding San ... Metal Fabrication Plant Anthony's Roofing Roofing Company

Suggested Use

Top Pick Law Firm Skin Care Clinic Real Estate Agency Big Box & Wholesale Store Barber Shop Building Supply

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

1,779
Businesses Nearby

Demographics for 94121, CA

43,115
Population
19,742
Households
2.2
Avg Household Size
42
Median Age
64%
College-Educated
92%
High-School Grad
2.5 sq mi
ZIP Area
17,246
Density / Sq Mi
$138,353
Median Household Income
$74,646
Median Earnings
$2,327
Median Rent
$1,634,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Eight residential units are separately metered for gas and electric, with a recently replaced roof and soft story retrofit required.
Where is this apartment building located?
The property is located at 701 24th Avenue San Francisco, CA.
What are key features of this property?
This property features: Eight‑unit residential property on the corner of 24nd Ave. and Balboa St.; Unit mix: two 2Br/1Ba, two 1Br/1Ba, and four studios.; Separately metered gas and electric in each unit; owner pays trash and water.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message