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1603 Revere Ave - 1601- 1603 Revere Ave, San Francisco, CA 941 3 Unit Apartment Building Offered at $999,000 at a 6.96% Cap Rate San Francisco, CA 94124

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INVESTMENT HIGHLIGHTS

  • Nearly 7% cap rate with strong in-place income
  • Tenants pay water and PG&E, minimizing owner expenses
  • Three total units, creating diversified and resilient income streams
  • Convenient access to the T Third Street light rail

EXECUTIVE SUMMARY

Earn nearly a 7% cap rate with this rare duplex plus legal ADU located in San Franciscos Bayview neighborhood. 16011603 Revere Avenue offers an exceptional opportunity to acquire a high-performing, income-producing property featuring two primary residential units, each configured as 2-bedroom, 1-bath, plus a fully permitted 2-bedroom, 1-bath ADU.
The property is ideally situated near Bayview Park, India Basin Shoreline Park, and Candlestick Point State Recreation Area, offering access to green space, waterfront trails, and outdoor recreation, and is conveniently located near the T Third Street light rail for direct transit throughout the city. Located in a growing Bayview corridor with strong rental demand, this property is well positioned for immediate cash flow and long-term appreciation, making it ideal for investors or owner-occupants seeking yield, stability, and upside.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $999,000
Price Per Unit $333,000
Sale Type Investment
Cap Rate 6.96%
Sale Condition Build to Suit
Gross Rent Multiplier 11.69
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Mid-Rise
Building Size 2,387 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1907/2025

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4809 $2,726 -
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39167712

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 1603 Revere Ave, San Francisco, CA 94124

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