Investment Overview

Marcus and Millichap is pleased to offer an investor the opportunity to purchase a four unit apartment building located in the popular NOPA neighborhood in San Francisco. 552-558 Broderick Street was built in 1908 and sits on the southeast corner of Broderick Street and Grove Street. The building is comprised of four well maintained two (2) bedroom, one and a half (1.5) bathroom units and a two car tandem garage. Currently, each unit and the entire garage is occupied. Most units feature recently updated kitchens and bathrooms and all units have hardwood floors. In addition, there is a bonus space in the basement which would make for a great ADU or expansion to an existing unit. There is a laundry room with one washer and one dryer for tenants to enjoy. The entire building is separately metered for gas and electricity. An exterior paint job was completed in 2020. The North of Panhandle neighborhood is home to some of the most desirable real estate on the West Coast. The Divisadero Street shopping corridor, which is just one block away, is home to unmatched dining experiences, (NOPA, 4505 Burgers & Barbecue, Che Fico & Little Star Pizza) bars (The Page, Fly Bar & Madrone Art Bar) and nightlife attractions (The Independent & Emporium Arcade). Also just a few blocks away are Alamo Square Park, which recently underwent a $5.3 million renovation, and the Panhandle. Two world class hospitals, UCSF Parnassus and Kaiser Permanente's Geary Campus, are in close proximity as well. Residents of this neighborhood enjoy a 94 walk score and 86 transit score. Marcus and Millichap is pleased to present for sale 552-558 Broderick Street, a well maintained apartment property with a great deal of upside in a prestigious neighborhood of San Francisco.