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2976-2980 Mission St 4 Unit Apartment Building $1,600,000 ($400,000/Unit) San Francisco, CA 94110

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INVESTMENT HIGHLIGHTS

  • 2 Residential Units
  • Garage with 2-Car Parking
  • A+ Location: Within proximity to the 24th Street BART location, walkable to SF General Hospital, as as well as amazing restaurants & shops.
  • 1 Ready-for-Use Restaurant Space on Ground Floor
  • Vibrant and Diverse Mission Location, High Walk & Transit Scores.
  • Multiple Corporate Bus Stops along Mission Street.

EXECUTIVE SUMMARY

Ready-to-Use VACANT 4-Unit Mixed-Use Building available now. 2 residential units above and 2 commercial spaces downstairs with a former check cashing space and restaurant on the ground floor. Building has a separate garage for 2 additional parking spaces. Excellent for an investor or owner-user given rents. Upper residential spaces are freshly painted and nicely appointed with new flooring and updated kitchen areas. Restaurant space is outfitted with a Type 1 hood and ready for use!
Bonus is that the parcel is also ready to build and shovel ready for 9 condos! No BMRs! Get rents and then build later.
SBA loans attainable for owner user at 5 - 10% down. Ask me how!
Located within proximity to the 24th Street BART location, walkable to SF General Hospital, as well as the amazing Restaurants of Lolinda, Foreign Cinema, La Taqueria, and so much more.  This is an A+ location: via the 24th Street BART Station, head to Civic Center in ~15 minutes and the Financial District in ~20 minutes.  Corporate bus stops along Mission Street include those of Google, Apple, Genentech, Facebook, EA, and so many more, which allow for commuters to get to the Peninsula/South Bay.  For those needing to get to San Francisco International Airport, by BART or via Hwy 101, it's ~20 minutes.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 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
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 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
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,600,000
Price Per Unit $400,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 3,490 SF
No. Stories 2
Year Built 1900
Zoning NC3 - Neighborhood Commercial

AMENITIES

SITE AMENITIES

  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $3,000 -
2+2 1 $3,500 -
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (99)
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
6529-007A
Land Assessment
$554,138
Improvements Assessment
$381,737
Total Assessment
$935,875
  • Listing ID: 30852158

  • Date on Market: 2/2/2024

  • Last Updated:

  • Address: 2976-2980 Mission St, San Francisco, CA 94110

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