3825-3829 24th Street, San Francisco, CA 94114

Property Description

An income-producing property in the heart of Noe Valley, one of San Francisco's most sought-after neighborhoods. Built in 1907, this three-story Victorian triplex offers, per the 3/13/24 appraisal, 3,382 sqft of building area on a 2,850 sqft lot, with three spacious full-floor 3BD/1BA flats measuring 1,143, 1,143, and 1,096 sqft. The building showcases classic San Francisco character with beautiful outlooks from the top two floors, bay windows, hardwood floors, generous room proportions, gas heat, covered porches, top floor deck, and backyard. The units feature functional layouts with spacious living/dining areas, large kitchens, tile baths, and select kitchen and bathroom updates. Two flats are tenant-occupied at seller-reported rents of $3,900 and $4,500/month; the lower flat is owner-occupied, estimated at $6,000/month for pro forma purposes only. Income details available in the MLS financial fields. A compelling opportunity for investors seeking a well-located San Francisco multifamily asset in a Walk Score 99 location steps from 24th Street shops, restaurants, cafes, boutiques, Whole Foods, transit, and neighborhood amenities. Buyer to verify current rents, financials, ownership, and use rights of backyard.