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Listed by Cris Lamas Urban Capital SF
$ 1,350,000
Est. payment /mo
Active Under Contract
3660 20th ST San Francisco, CA 94110
8 Beds
3,862 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,862 sqft
Price per Sqft $349
MLS Listing ID 426125639
Bedrooms 8
HOA Y/N No
Year Built 1907
Lot Size 2,866 Sqft
Acres 0.0658
Property Sub-Type Multi Family
Property Description
Exceptional value-add multifamily opportunity in the heart of San Francisco's Mission District. 3660 20th Street is a five-unit building offered at $1,350,000 ($270,000/unit, $350/SF), featuring a strong unit mix of (3) two-bedroom units, (2) one-bedroom units, and a non-tenant-occupied garage providing ancillary income free of tenant protections. The 3,862 SF building sits on a 2,866 SF lot and currently generates $7,113/month against estimated market rents of $19,000/month approximately 167% upside to gross scheduled income. Steps from Mission Dolores Park, the Valencia Corridor, Tartine, Bi-Rite, and Delfina, with walkable access to both 16th Street and 24th Street BART stations and U.S. 101. Originally acquired through a trust sale with historically below-market rents, the asset offers a clear path to stabilization through organic turnover and targeted renovations in one of San Francisco's most supply-constrained submarkets. Listed at a 3.40% cap rate and 15.82 GRM on in-place numbers.
Location
State CA
County San Francisco
Area Sf District 5
Zoning RTO-M
Interior
Fireplace No
Exterior
Total Parking Spaces 1
Building
Lot Description Shape Regular
New Construction No
Others
Tax ID 3597022

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