734-752 Vallejo St 35 Unit Apartment Building $3,300,000 ($94,286/Unit) 6.66% Cap Rate San Francisco, CA 94133

Price Reduced to $3,300,000. 750 Vallejo Street is a classic 1907 mixed-use SRO property ideally positioned in the heart of San Francisco’s historic North Beach neighborhood, a vibrant destination known for its cafes, nightlife, and enduring local character. Composed of a three-story, wood-frame corner building and an adjacent two-story building, the property spans approximately 10,686 square feet and features 35 units, including 32 single rooms, two commercial spaces, and one two-bedroom apartment. With a stable ground-floor commercial tenant—the City and County of San Francisco—coupled with a vacant restaurant on the ground floor and several single-room vacancies, the property presents a compelling value-add opportunity with meaningful rental upside. The property combines charm and income with clear avenues for improvement, including the required soft-story retrofit, making it an attractive investment for operators and investors seeking long-term upside in one of San Francisco’s most iconic neighborhoods.