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Seven-Unit Apartment Building
For Sale
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Pending

2430 Lake St, San Francisco, CA 94121

Well-maintained 1915 building with seven separately metered units, in-unit laundry, and updated kitchens and baths.

Property SizeContact for details
Days on Market124

Property Features for 2430 Lake St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Coldwell Banker Commercial NRT San Francisco
Listed By: Dan McGue · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 9:35AM

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 Coldwell Banker Commercial NRT San Francisco

Investment Insights

Based on property information with market context.

2430 Lake Street is a well-maintained seven-unit apartment building constructed in 1915. The property includes three three-bedroom/two-bath units and four two-bedroom/two-bath units. Units have been extensively rehabbed with updated kitchens and baths, hardwood floors, and in-unit laundry, with separate water heaters. Each unit has separate gas and electricity metering, and tenants pay for their own heat and hot water. There are seven storage closets for tenant use, along with a four-car garage and a two-car parking pad for a total of six parking spaces.

The building has had extensive exterior work completed, including stucco replacement, dry rot repair, and replacing some windows. The soft story seismic work has been completed. One unit is currently held vacant for possible owner-occupier use.

Parking includes a four-car garage with a Tesla charging station. The asset is positioned as a separately metered, renovated multifamily property with completed seismic improvements.

Key Highlights

  • 7‑unit apartment building constructed in 1915, featuring 3 three‑bedroom/two‑bath units and 4 two‑bedroom/two‑bath units
  • Extensively rehabbed units with updated kitchens and baths, hardwood floors, and in‑unit laundry
  • Separately metered gas and electricity with tenants paying for their own heat and hot water

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Barber Shop HVAC Service Garden Center Real Estate Agency

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

1,411
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 1915 building with seven separately metered units, in-unit laundry, and updated kitchens and baths.
Where is this apartment building located?
The property is located at 2430 Lake St San Francisco, CA.
What are key features of this property?
This property features: 7‑unit apartment building constructed in 1915, featuring 3 three‑bedroom/two‑bath units and 4 two‑bedroom/two‑bath units; Extensively rehabbed units with updated kitchens and baths, hardwood floors, and in‑unit laundry; Separately metered gas and electricity with tenants paying for their own heat and hot water
More about this property
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