Share This Listing

Message

925 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 broker for more information about this property

4-Unit Mixed-Use + ADU | Prime Mission 3173 21st St 4 Unit Apartment Building $1,590,000 ($397,500/Unit) 6.01% Cap Rate San Francisco, CA 94110

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Shovel Ready ADU | Value-Add Opportunity
  • Stable in-place income with clear upside - 11% Proforma Cap Rate
  • WalkScore 98 — major retail, food, and transit steps away. High-demand Mission District location
  • 100% Occupied with New 3-year Commercial Lease
  • Unit mix: (2) 1bd/1ba + (1) 4bd/2ba + 1 Commercial
  • Separately metered for WATER & Electric - Extremely Low Operating Expenses

EXECUTIVE SUMMARY

NOW 100% OCCUPIED! 4-unit mixed-use investment property in the heart of the Mission District, with Partially completed ADU.
3173-3173A 21st Street is a 4-unit property featuring 3 residential apartments: two (2) 1-bedroom units and one (1) spacious 4-bedroom, 2 bath unit—alongside an ADA compliant ground-floor barber shop in the commercial space. A shovel ready / roughed-out ADU, with planning department approval on the ground floor awaits finishing by a future owner, offering additional income potential once completed. With the existing units brought up to market rents and the ADU finished, there is approximately 60% upside in the current rent roll. With new 400 amp electrical service, and SEPARATELY METERED FOR WATER,, the property benefits from extremely efficient operating expenses making this an attractive opportunity for an investor seeking both stable income and growth potential.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,590,000
Price Per Unit $397,500
Sale Type Investment
Cap Rate 6.01%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.05 AC
Building Size 3,800 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2018
Zoning NC3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,736 600
4+2 1 $4,600 1,300
Studios 1 $2,900 600
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (100)
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
3615-031B
Land Assessment
$382,807
Improvements Assessment
$332,013
Total Assessment
$714,820
  • Listing ID: 36356008

  • Date on Market: 6/23/2025

  • Last Updated:

  • Address: 3173 21st St, San Francisco, CA 94110

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") }}