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2637-2645 Mission St
San Francisco, CA 94110
Multifamily Property For Sale
·
14 Units


Executive Summary
2637 Mission Street presents a rare opportunity to acquire a substantially improved mixed-use asset in the heart of San Francisco's Inner Mission District. Comprised of eleven (11) residential units and three (3) commercial spaces, the property benefits from a diverse income stream, strong in-place tenancy, and extensive capital improvements completed over the last several years.
Ownership has invested significantly in both the residential and commercial components of the property. Three (3) rear residential units were newly constructed and received Certificates of Occupancy in 2024, while four (4) additional residential units underwent comprehensive renovations. Several long-term tenants remain in place, providing stable income alongside the property's improved unit inventory.
The asset is further supported by substantial building upgrades, including a newer roof installed in approximately 2018, a centrally monitored fire alarm system, and a fire sprinkler system serving the entire ground floor, including both the commercial and rear residential portions of the property. The commercial spaces have also benefited from recent improvements, including a renovated storefront completed in 2022.
Positioned along one of San Francisco's most vibrant commercial corridors, 2637 Mission Street offers residents immediate access to the neighborhood's renowned dining, retail, nightlife, and public transportation options. With a combination of renovated residential units, newly constructed housing, improved building systems, and a highly desirable Mission District location, the property represents an attractive long-term investment opportunity in one of San Francisco's most active rental markets.
Ownership has invested significantly in both the residential and commercial components of the property. Three (3) rear residential units were newly constructed and received Certificates of Occupancy in 2024, while four (4) additional residential units underwent comprehensive renovations. Several long-term tenants remain in place, providing stable income alongside the property's improved unit inventory.
The asset is further supported by substantial building upgrades, including a newer roof installed in approximately 2018, a centrally monitored fire alarm system, and a fire sprinkler system serving the entire ground floor, including both the commercial and rear residential portions of the property. The commercial spaces have also benefited from recent improvements, including a renovated storefront completed in 2022.
Positioned along one of San Francisco's most vibrant commercial corridors, 2637 Mission Street offers residents immediate access to the neighborhood's renowned dining, retail, nightlife, and public transportation options. With a combination of renovated residential units, newly constructed housing, improved building systems, and a highly desirable Mission District location, the property represents an attractive long-term investment opportunity in one of San Francisco's most active rental markets.
Property Facts
| Price Per Unit | $389,286 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.18 AC |
| No. Units | 14 | Building Size | 16,834 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1904 |
| Zoning | NC3 - Neighborhood Commercial | ||
| Price Per Unit | $389,286 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 16,834 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1904 |
| Zoning | NC3 - Neighborhood Commercial |
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 | - | 400 |
| 1+1 | 3 | - | 1,964 - 2,166 |
| 2+1 | 1 | - | 800 - 1,000 |
| 3+1 | 4 | - | - |
| 4+1 | 4 | - | 1,400 |
Property Taxes
| Parcel Number | 3637-027 | Improvements Assessment | $3,462,117 |
| Land Assessment | $4,410,225 | Total Assessment | $7,884,662 |
Property Taxes
Parcel Number
3637-027
Land Assessment
$4,410,225
Improvements Assessment
$3,462,117
Total Assessment
$7,884,662
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