3405 Anza St - 3405 Anza St 3 Unit Apartment Building Offered at $1,250,000 at a 5.24% Cap Rate San Francisco, CA 94121

3405 Anza Street presents a rare opportunity to acquire a well-located three-unit mixed-use asset in the heart of San Francisco’s Outer Richmond—one of the city’s most stable and supply-constrained residential neighborhoods. The property consists of two residential flats above a ground-floor commercial space, offering an attractive blend of income diversification and long-term appreciation potential.
The residential unit mix includes a spacious three-bedroom, one-bath flat, and a two-bedroom, one-bath unit. The ground floor residential unit is currently delivered vacant and presents significant value-add upside through renovation and repositioning. The commercial tenant operates on a month-to-month basis, providing additional flexibility for an investor or owner-user seeking to optimize the tenancy mix and rental income.
The building is separately metered for water, gas, and electricity, allowing for efficient expense management. With tenants responsible for utilities, the property operates with minimal overhead, enhancing overall cash flow potential.
Ideally positioned just three blocks from Golden Gate Park and two blocks from the vibrant Clement Street corridor—known for its acclaimed restaurants, cafés, and neighborhood retail — the property benefits from strong walkability and proximity to major transit routes.
3405 Anza Street is well suited for investors seeking long-term appreciation with built-in rental upside, or an owner-user looking to occupy the vacant unit while maintaining steady income from the remaining spaces.