7-Unit Apartment
For Sale
$3,000,000
3730 24th Street, San Francisco, CA 94114
Fully occupied multifamily property with dedicated parking, updated windows, and a convenient Noe Valley setting.
Property Size4,880 SF
Price / SF$614.75
Days on Market52
Property Features for 3730 24th Street
General Information
Standard status
Active
Size
4,880 SF
Total Parking Spaces
7
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Noe Valley
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
7 x 1BR/1BA
Multifamily Units
7
Additional Details
Gross Income
$219,084
Amenities
dedicated water heater
double-pane windows
Building Details
Year Built
1955
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Readdress
(415) 275-0229
Source:
Readdress
Added: Sep 16
Changed: Nov 5
Last Checked: Nov 4 at 12:52PM
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 Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1955, this 4,880-square-foot apartment property contains seven 1-bedroom, 1-bath residences above a full ground-floor garage. The building includes seven parking spaces, dedicated water heaters for each apartment, and double-pane windows in most units. The property is fully occupied, with approximately 53% rental upside identified in the existing tenancy profile.
Located at 3730 24th Street in San Francisco’s Noe Valley, the property sits between Church and Dolores Streets. The J-Church Muni stop, Whole Foods, Noe Valley Bakery, Noe Animal Hospital, Novy, Starbucks, and Douglass Playground are all within a few blocks. Several apartments offer north-facing views toward the downtown San Francisco skyline.
Located at 3730 24th Street in San Francisco’s Noe Valley, the property sits between Church and Dolores Streets. The J-Church Muni stop, Whole Foods, Noe Valley Bakery, Noe Animal Hospital, Novy, Starbucks, and Douglass Playground are all within a few blocks. Several apartments offer north-facing views toward the downtown San Francisco skyline.
Key Highlights
- Seven 1‑bedroom, 1‑bath apartments in a 4,880‑square‑foot building
- Full ground‑floor garage with 7 parking spaces
- Approximately 53% rental upside identified
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,439
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,168,780
$3.2M
Cap Rate 7%
$2,263,414
$2.3M
Cap Rate 9%
$1,760,433
$1.8M
Market Conditions
NOI Build-Up for 4,880 SF
Gross rent
$307.4K $63.00/SF
− Vacancy
−$19.4K −$3.97/SF
EGI
$288.1K $59.03/SF
− OpEx
−$129.6K −$26.56/SF
NOI
$158.4K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,168,780
Cap Rate 7%
$2,263,414
Cap Rate 9%
$1,760,433
Alternative Uses
Best Use
Apartment 5plus
$2.26M
$1.98M – $2.64M
NOI $158,439 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$23.84M
$20.86M – $27.81M
NOI $1,668,576 @ 7.0% cap · market cap 55.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,011
Businesses Nearby
Explore this area
Business Placement
Demographics for 94114, CA
33,683
Population
18,686
Households
1.8
Avg Household Size
40
Median Age
79%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
24,059
Density / Sq Mi
$196,528
Median Household Income
$117,677
Median Earnings
$2,898
Median Rent
$1,771,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with dedicated parking, updated windows, and a convenient Noe Valley setting.
Where is this apartment building located?
The property is located at 3730 24th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Seven 1‑bedroom, 1‑bath apartments in a 4,880‑square‑foot building; Full ground‑floor garage with 7 parking spaces; Approximately 53% rental upside identified
