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Multifamily

326 Cortland Ave

326 Cortland Ave, San Francisco, CA 94110

Listing Price: $1,300,000

Cap Rate
5.19%
Number of Units
5
GRM
8.15
Occupancy
97.0%
Price/Unit
$260,000
Price/Gross SF
$448.28
Gross SF
2,900

Investment Overview

The property at 326 Cortland Avenue, San Francisco, presents a compelling investment opportunity in the heart of the vibrant Bernal Heights neighborhood. This mixed-use building features four residential units and one retail space, strategically situated on a corner lot that enhances its visibility and appeal. The residential component includes three (3) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit, with one of the one-bedroom units currently vacant, offering immediate potential for rental income optimization or owner-occupancy. The retail space adds a diversified income stream, capitalizing on the high foot traffic of the bustling Cortland Avenue corridor, known for its eclectic mix of restaurants, cafes, and boutique shops. The retail space is currently on a month-to-month lease. With a total building size of approximately 2,900 square feet on a 1,917-square-foot lot, the property is well-positioned in a walker’s paradise, boasting a Walk Score of 89 and proximity to public transportation, including Muni and easy freeway access. Bernal Heights is renowned for its charming, village-like atmosphere, historic Edwardian architecture, and strong community appeal, attracting a diverse tenant base of young professionals, families, and creatives. The corner lot location not only maximizes exposure for the retail space but also enhances the residential units’ desirability with abundant natural light and street presence. This property offers investors a unique blend of stable cash flow, upside potential through the vacant unit, and the enduring value of a prime San Francisco location in a sought-after neighborhood.

Investment Highlights

  • Corner lot property featuring four residential units and one retail space
  • One unit is currently vacant
  • Located in the heart of the vibrant Bernal Heights neighborhood

Exclusively Listed By

Multifamily

326 Cortland Ave

Listing Price: $1,300,000

Cap Rate
5.19%
Number of Units
5
GRM
8.15
Occupancy
97.0%
Price/Unit
$260,000
Price/Gross SF
$448.28
Gross SF
2,900

Investment Highlights

  • Corner lot property featuring four residential units and one retail space
  • One unit is currently vacant
  • Located in the heart of the vibrant Bernal Heights neighborhood

Investment Overview

The property at 326 Cortland Avenue, San Francisco, presents a compelling investment opportunity in the heart of the vibrant Bernal Heights neighborhood. This mixed-use building features four residential units and one retail space, strategically situated on a corner lot that enhances its visibility and appeal. The residential component includes three (3) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit, with one of the one-bedroom units currently vacant, offering immediate potential for rental income optimization or owner-occupancy. The retail space adds a diversified income stream, capitalizing on the high foot traffic of the bustling Cortland Avenue corridor, known for its eclectic mix of restaurants, cafes, and boutique shops. The retail space is currently on a month-to-month lease. With a total building size of approximately 2,900 square feet on a 1,917-square-foot lot, the property is well-positioned in a walker’s paradise, boasting a Walk Score of 89 and proximity to public transportation, including Muni and easy freeway access. Bernal Heights is renowned for its charming, village-like atmosphere, historic Edwardian architecture, and strong community appeal, attracting a diverse tenant base of young professionals, families, and creatives. The corner lot location not only maximizes exposure for the retail space but also enhances the residential units’ desirability with abundant natural light and street presence. This property offers investors a unique blend of stable cash flow, upside potential through the vacant unit, and the enduring value of a prime San Francisco location in a sought-after neighborhood.

Exclusively Listed By

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