Back to Search
Five-Unit Apartment Building with Decks

241 Upper Terrace San Francisco, CA 94117

Claim this Listing
For Sale
$3,950,000

Turn-key five-unit property with private decks and panoramic Bay views, backed by separately metered utilities and individual heating.

Type:Multifamily
Added:
Jun 2, 2026
Days on Market:
41
Last Refresh:
Jun 3 at 2:05 am

Property Features for 241 Upper Terrace

General Information

Standard status
Active
Property subtype
Multifamily

Listing office Compass San Francisco

Listing date Jun 2, 2026

Source Compass-cre

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 Compass San Francisco


Investment Insights

Based on property information with market context.

241 Upper Terrace is a mid-century, five-unit apartment building presented in turn-key condition with strong pride of ownership. Each unit includes a private deck, and the property is designed around panoramic views spanning from Downtown toward the East Bay and beyond. The top floor features a recently remodeled 2 bed/2 bath penthouse, while the four remaining units are spacious 1 bed/1 bath apartments. There is also a vacant, unwarranted 1 bed/1 bath bonus unit that opens to a large deck and offers the potential for legalization, creating an additional value path for a new owner. At the rear of the building, tenants also enjoy a very large shared deck area. Parking is supported by a five-car garage with one space delivered vacant.

The building sits perched at the top of Ashbury Heights, creating the setting for postcard-style San Francisco Bay Area views from the comfort of home.

This is a compelling fit for investors or owner-operators seeking a low-maintenance multifamily asset with well-controlled expenses. Units are separately metered for gas and electricity, each has its own forced-air furnace, and there are separate hot-water heaters for improved operational efficiency. With a mix of established 1 bed/1 bath rentals, a remodeled penthouse, and the upside associated with the bonus unit, the property offers practical flexibility for long-term ownership.

Key Highlights

  • Five‑unit building with private decks and panoramic views of the San Francisco Bay Area, from Downtown to the East Bay and beyond
  • Top floor recently remodeled 2 bed/2 bath penthouse with deck
  • Four 1 bed/1 bath apartments plus a vacant unwarranted 1 bed/1 bath bonus unit, also with deck and panoramic views

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Blue Rescue Restoration ... General Contractor Terrace Biotech Corporate Office

Suggested Use

Law Firm HVAC Service Food Market Grocery & Convenience Store Auto Parts Store Grocery & Convenience Store Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turn-key five-unit property with private decks and panoramic Bay views, backed by separately metered utilities and individual heating.
Where is this apartment building located?
The property is located at 241 Upper Terrace San Francisco, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Five‑unit building with private decks and panoramic views of the San Francisco Bay Area, from Downtown to the East Bay and beyond; Top floor recently remodeled 2 bed/2 bath penthouse with deck; Four 1 bed/1 bath apartments plus a vacant unwarranted 1 bed/1 bath bonus unit, also with deck and panoramic views
Contact an agent
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