3763-3767 Cesar Chavez 9 Unit Apartment Building $3,500,000 ($388,889/Unit) 5.56% Cap Rate San Francisco, CA 94110

3763–3767 Cesar Chavez is a nine-unit multifamily property located on a quiet block in San Francisco’s Noe Valley, between Dolores and Guerrero Streets. Constructed in 1911, the front building includes six one-bedroom units and two modern studios on the ground level. A separate rear cottage features an additional one-bedroom unit with updated amenities.
The property has undergone extensive renovations in recent years. Upgrades include new electric heat pump water heaters for all units (2017 and 2024), a new 400 AMP master electrical service (2023), fire alarm upgrade (2023), new ground floor fire sprinklers (2023), new rear stair landings (2023), and a new roof (2022). Many units have new windows (2017 and 2025) and almost all appliances have been updated. The ground level studios and rear cottage were added through San Francisco’s ADU program in 2024. The soft story retrofit was originally completed in 2015 and further upgraded during the ADU construction in 2024.
Each unit is heated and cooled by mini split electric HVAC systems (2023 and 2024). The building is all electric with no gas service, and units are separately metered. Units 3763C and 3763D share a master metered electric water heater.
Ideally situated at the crossroads of Noe Valley, the Mission, and Bernal Heights, the property offers quick access to the shops, cafes, and restaurants of all three neighborhoods. The location provides convenient access to nearby parks, public transportation, and Highways 101, 280, and 80.
This is an exceptional opportunity to acquire a well-located multifamily property that has benefited from significant upgrades and renovations in recent years.