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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



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.
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
- Offering Memorandum
PROPERTY FACTS
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 |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (87)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 3615-031B | Improvements Assessment | $332,013 |
| Land Assessment | $382,807 | Total Assessment | $714,820 |
PROPERTY TAXES
Parcel Number
3615-031B
Land Assessment
$382,807
Improvements Assessment
$332,013
Total Assessment
$714,820
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4-Unit Mixed-Use + ADU | Prime Mission | 3173 21st St
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