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246 28th St 6 Unit Apartment Building $2,500,000 ($416,667/Unit) 4.24% Cap Rate San Francisco, CA 94131



Executive Summary
246 28th Street is a compelling six-unit investment opportunity ideally situated in the heart of Noe Valley, one of the most
sought-after rental neighborhoods in San Francisco. Built in 1964, this well-maintained building offers an attractive unit mix of
four one-bedroom apartments and two two-bedroom apartments, along with six-car parking and shared laundry conveniently
located in the garage.
sought-after rental neighborhoods in San Francisco. Built in 1964, this well-maintained building offers an attractive unit mix of
four one-bedroom apartments and two two-bedroom apartments, along with six-car parking and shared laundry conveniently
located in the garage.
Property Facts
| Price | $2,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $416,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 4.24% | Building Size | 3,748 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | ||
| Zoning | RH2 - Multi Family | ||
| Price | $2,500,000 |
| Price Per Unit | $416,667 |
| Sale Type | Investment |
| Cap Rate | 4.24% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,748 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | RH2 - Multi Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 707 |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 6601-042 | Improvements Assessment | $748,151 |
| Land Assessment | $1,745,687 | Total Assessment | $2,497,419 |
Property Taxes
Parcel Number
6601-042
Land Assessment
$1,745,687
Improvements Assessment
$748,151
Total Assessment
$2,497,419
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246 28th St
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