1532 Howard St San Francisco, CA 94103

This 15-unit multifamily property in San Francisco, constructed in 2020, offers a blend of historic significance and modern design. The building spans 8,225 square feet across six stories and features a contemporary façade with ample windows, providing abundant natural light to each apartment. All units are designed as studio residences, offering consistency throughout the property. These modern units have a kitchen with dishwasher and microwave, washer/dryer, full bath, and walk-in closet. Situated at the intersection of Hayes Valley, the Mission District, Civic Center, and SOMA (South of Market), the property is within walking distance of several MUNI and BART stops, Hayes Valley trendy shops and restaurants, Civic Center (SF Jazz, War Memorial Opera House, Herbst Theater, Bill Graham Auditorium, San Francisco Symphony, and Asian Art Museum) and the eclectic charm of the Mission and SOMA. Highway 101 and Dwight D Eisenhower Highway are close by. Within 1 mile of the property, there is substantial renter demand, with 78% of residents living in rental accommodations. The average household income in this locality is $121,518. Consumer spending is robust, totaling approximately $1.6 billion. The area maintains a low vacancy rate, with San Francisco currently leading the nation in annual rent growth. The units are all condominiums with separate APNs, offering the opportunity to continue operating the building as an apartment building or sell the units individually.