3025 21st St 7 Unit Apartment Building Offered at $3,750,000 at a 5.09% Cap Rate San Francisco, CA 94110

3025 21st Street is a magnificent seven-unit multifamily property in San Francisco’s Mission District. Built in 1880, the building has been meticulously restored and refurbished during the current owner’s 30+ years of ownership. Exceptional care has been taken in preserving and enhancing the property with remarkable attention to detail.
The property features a mix of two two-bedroom units, four one-bedroom units, and one studio. Both two-bedroom units and two of the one-bedroom units are townhome-style residences that span two levels. There is a thoughtful blend of modern updates and meticulous restoration, creating a warm and inspiring living environment. Units have dishwashers and gas wall heaters.
Set on an extra-wide lot, the property includes a separate structure with a 2-car garage and a large wraparound yard with a mix of landscaped garden and brick patio space.
A substantial soft-story retrofit was completed in 2019. As part of that work, numerous moment frames and shear walls were installed, the basement floor was lowered, a new concrete slab was poured, and initial plumbing was added to accommodate the potential development of two ADUs. Buyers should investigate the feasibility and cost of any such addition to their own satisfaction.
Don’t miss this opportunity to acquire an architecturally significant, beautifully restored property in one of San Francisco’s most vibrant neighborhoods.