Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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.

Property Facts

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
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (86)
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.®

Property Taxes

Property Taxes

Parcel Number
6601-042
Land Assessment
$1,745,687
Improvements Assessment
$748,151
Total Assessment
$2,497,419
  • Listing ID: 39791922

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 246 28th St, San Francisco, CA 94131

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}