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2637-2645 Mission St 11 Unit Apartment Building $5,495,000 ($499,545/Unit) 6.37% Cap Rate San Francisco, CA 94110



INVESTMENT HIGHLIGHTS
- Large Mission District Mixed-Use Building
- Ideal Property for Long-Term Investor
- 3 Newly Constructed Residential Units
- Extensively Renovated Building with City Permits
- Fully Stabilized Asset
- 4 Residential Renovations to the Studs
EXECUTIVE SUMMARY
Priced to move. This extensively renovated mixed-use property in the Mission District offers a rare combination of scale, stability, and upside. The building comprises 11 apartments and 3 commercial storefronts, totaling approximately 16,834 square feet. Recent capital improvements include seismic strengthening, new building systems, a modern fire alarm, and a new first-floor sprinkler system. Of the 14 total units, 9 are either newly constructed or fully renovated down to the studs with city permits. Upgrades include brand-new electrical and plumbing systems, kitchens, baths, flooring, windows, central heating, and stainless-steel appliances. Most feature in-unit washer/dryers, with 3 new residential units exempt from San Francisco rent control. The property is 100% leased, offering investors both income stability and long-term growth. With extensive renovations complete and modern infrastructure in place, this is an ideal opportunity for a long-term investor seeking a turnkey asset, with value-add upside in one of San Francisco’s most vibrant neighborhoods.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$526,916
|
$31.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$526,916
|
$31.30
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $526,916 |
| Annual Per SF | $31.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $526,916 |
| Annual Per SF | $31.30 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Bay Window
- Kitchen
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Window Coverings
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 310 - 320 |
| 2+1 | 1 | - | 700 |
| 3+1 | 4 | - | 695 - 1,030 |
| 4+1.5 | 4 | - | 1,160 |
Walk Score®
Walker's Paradise (100)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 3637-027 | Improvements Assessment | $3,462,117 (2025) |
| Land Assessment | $4,410,225 (2025) | Total Assessment | $7,884,662 (2025) |
PROPERTY TAXES
Parcel Number
3637-027
Land Assessment
$4,410,225 (2025)
Improvements Assessment
$3,462,117 (2025)
Total Assessment
$7,884,662 (2025)
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2637-2645 Mission St
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