1379-1381 7Th Ave San Francisco, CA 94122
- Apartment buildings
- 3,900 SF
- 0.07 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1379-1381 7Th Ave
- Year built
- 1978
- Lot size
- 0.07 lot acres
- Property size
- 3,900 SF
- Property type
- Apartment buildings
Description
This exceptional three-unit apartment building presents a compelling value-add investment opportunity in San Francisco's desirable Inner Sunset neighborhood. Located at 1379-1381 7th Avenue, this property boasts a prime location, just two blocks from Golden Gate Park and steps from UCSF's Hospital of the Future, offering easy access to shops, dining, and public transportation (one block from Muni). The building, constructed in 1978, comprises 3,900 square feet across three stories on a 0.07-acre lot. It features three units: two large units, each currently configured as five bedrooms and two bathrooms (one with ocean views), and a vacant garden unit. The property also includes a two-car garage with coin-operated laundry and a large, level yard. Currently, the occupancy is 17%, with significant potential for increased rental income. The pro-forma NOI is $187,200, representing a 9.00% cap rate at the asking price of $2,080,000 ($533.33 per square foot and $693,333.33 per unit). The property is in good condition, presenting opportunities for cosmetic upgrades to further enhance value and rental income. This is a rare cash flow opportunity in San Francisco, with a strong potential for both immediate returns and long-term appreciation. The property's location and features make it ideal for owner-occupancy or as a lucrative rental investment, particularly targeting nearby UCSF students. The APN is 1762-017.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.464
- Latitude
- 37.7627
