12-Unit Apartment
For Sale
Contact for pricing
Pending
2824 Geary Blvd, San Francisco, CA 94118
Adjoining buildings combine apartments, commercial spaces, tandem parking, updated interiors, and vacant bonus rooms.
Property SizeContact for details
Days on Market142
Property Features for 2824 Geary Blvd
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Property Condition
Severity
Repairs Needed
Evidence
The soft story retrofit has not been completed.
Financials
Cap Rate
6.4%
Gross Rent Multiplier
10.7
Additional Details
Multifamily Units
10
Amenities
in-unit laundry
Building Details
Buildings
2
Listing Agency:
Compass
(415) 345-3000
Listed By:
John Antonini · License #CA 01842830
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:04PM
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
Investment Insights
Based on property information with market context.
This offering combines two adjoining buildings totaling 12 units. The property includes 10 apartment residences and 2 commercial spaces, with 2828 Geary Boulevard containing 6 apartments and 1 commercial space, while 2824 Geary Boulevard includes 4 apartments, 1 commercial space, and 2-car tandem parking. Six out of 10 apartments have updated kitchens, bathrooms, and in-unit laundry. Each building also includes a vacant bonus room that may be considered for ADU conversion.
The soft story retrofit remains incomplete, and approved permits are available. The property is located at 2824 and 2828 Geary Boulevard in San Francisco, California. Reported operating metrics include a 6.4% cap rate and 10.7 GRM.
The soft story retrofit remains incomplete, and approved permits are available. The property is located at 2824 and 2828 Geary Boulevard in San Francisco, California. Reported operating metrics include a 6.4% cap rate and 10.7 GRM.
Key Highlights
- Two adjoining buildings sold together at 2824 and 2828 Geary Boulevard
- 12 total units comprising 10 apartments and 2 commercial spaces
- 2828 Geary includes 6 apartments and 1 commercial space
Property Analytics
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
6,895
Businesses Nearby
Explore this area
Business Placement
Demographics for 94118, CA
42,356
Population
19,052
Households
2.2
Avg Household Size
37
Median Age
72%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
21,178
Density / Sq Mi
$159,550
Median Household Income
$92,946
Median Earnings
$2,695
Median Rent
$1,817,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Adjoining buildings combine apartments, commercial spaces, tandem parking, updated interiors, and vacant bonus rooms.
Where is this apartment building located?
The property is located at 2824 Geary Blvd San Francisco, CA.
What are key features of this property?
This property features: Two adjoining buildings sold together at 2824 and 2828 Geary Boulevard; 12 total units comprising 10 apartments and 2 commercial spaces; 2828 Geary includes 6 apartments and 1 commercial space
