Log In/Sign Up
Your email has been sent.
588-596 28th Ave 6 Unit Apartment Building $2,885,000 ($480,833/Unit) 5.50% Cap Rate San Francisco, CA 94121



Investment Highlights
- Prime 6-Unit Apartment Building in San Francisco’s Highly Sought-After Central Richmond District
- Five (5) Garage Parking Spaces
- All Two Bed Units Feature In-Unit Laundry
- Attractive Unit Mix: Five (5) Spacious Two-Bedroom + One (1) Studio
- Select Units with Golden Gate Bridge & City Views
- One block from Geary Blvd with convenient access to Golden Gate Park, the Presidio, Ocean Beach, restaurants, retail, and public transportation
Executive Summary
A prime 6-unit apartment building prominently situated on a corner parcel in San Francisco's highly sought-after Central Richmond District. Situated on a 2,925 SF lot, the property comprises approximately 5,860 SF of building area and features an attractive unit mix of five (5) spacious two-bedroom units and one (1) studio. All two-bedroom units include in-unit laundry, functional floor plans with formal living and dining rooms, generous closet space, high ceilings, and large windows that fill the living spaces with abundant natural light, creating bright and comfortable units with enduring tenant appeal. Select units with sweeping views of the Golden Gate Bridge or the San Francisco skyline. The property also offers five (5) garage parking spaces, including three (3) individual private garages and one (1) oversized garage accommodating two vehicles and additional storage, providing both tenant convenience and additional income potential. Ideally located just one block from Geary Blvd, 588-596 28th Ave provides convenient access to Golden Gate Park, the Presidio, Ocean Beach, neighborhood dining, vibrant retail corridors, and public transportation. Combining an exceptional location, iconic San Francisco views, functional unit layouts, and desirable amenities, this property presents a rare opportunity to acquire a premier multifamily asset with stable income and long-term appreciation potential.
Property Facts
| Price | $2,885,000 | Apartment Style | Low-Rise |
| Price Per Unit | $480,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 5.50% | Building Size | 5,860 SF |
| Gross Rent Multiplier | 12.5 | Average Occupancy | 95% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | Parking Ratio | 0.68/1,000 SF |
| Zoning | RM-1, San Francisco | ||
| Price | $2,885,000 |
| Price Per Unit | $480,833 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Gross Rent Multiplier | 12.5 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,860 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1923 |
| Parking Ratio | 0.68/1,000 SF |
| Zoning | RM-1, San Francisco |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 2+1 | 4 | - | - |
| 2+2 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1517-019 | Improvements Assessment | $1,302,174 |
| Land Assessment | $1,953,264 | Total Assessment | $3,261,038 |
Property Taxes
Parcel Number
1517-019
Land Assessment
$1,953,264
Improvements Assessment
$1,302,174
Total Assessment
$3,261,038
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
588-596 28th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
