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Listed by Fred Rubio, DRE #01984041 • Marcus & Millichap
$2,425,000
Est. payment /mo
3 Beds
2 Baths
4,379 SqFt
Price Dropped by $175K
184 Valley ST San Francisco, CA 94131
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Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,379 sqft
Price per Sqft $553
MLS Listing ID ML82055851
Bedrooms 3
Full Baths 2
Year Built 1908
Lot Size 1,385 Sqft
Property Sub-Type Five or More Units
Source MLSListings, Inc.
Property Description
184-190 Valley Street offers a rare opportunity to acquire a well-located seven-unit apartment building in one of San Francisco's most consistently strong rental markets, Noe Valley. The property features six spacious 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit the latter a fully permitted, all-new-construction ADU providing a versatile mix of floor plans that appeal to a wide range of tenants. This configuration supports stable occupancy and diversified income, while significant existing loss-to-lease across several units offers a clear path to increased cash flow for a new owner. The property has recently undergone a completed soft-story seismic retrofit, and its electrical infrastructure has been upgraded to modern circuit-breaker panels, reducing the deferred-maintenance burden typically associated with a building of this vintage. With most units currently lacking in-unit laundry, an investor also has a straightforward value-add opportunity to add washer/dryer service and capture additional income and tenant demand.
Location
State CA
County San Francisco
Area 5 - Noe Valley
Zoning RH2
Interior
Heating Forced Air, Wall Furnace
Cooling None
Flooring Laminate, Vinyl / Linoleum
Laundry Washer/Dryer - Some Units
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch,Tar and Gravel
Building
Foundation Concrete Slab
Sewer Sewer in Street
Water Water On Site
Others
Tax ID 6615-039
Special Listing Condition Not Applicable
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