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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
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 - -
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
1517-019
Land Assessment
$1,953,264
Improvements Assessment
$1,302,174
Total Assessment
$3,261,038
  • Listing ID: 41439454

  • Date on Market: 7/26/2026

  • Last Updated:

  • Address: 588-596 28th Ave, San Francisco, CA 94121

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