Skip to main content

Multifamily

2846-2848 22nd St

2846-2848 22nd St, San Francisco, CA 94110

Listing Price: $2,100,000

Cap Rate
5.91%
Number of Units
5
GRM
9.89
Occupancy
100.0%
Price/Unit
$420,000
Price/Gross SF
$375.00
Gross SF
5,600

Investment Overview

An excellent opportunity to acquire a well-positioned 5-unit mixed-use property in the vibrant Mission District
of San Francisco. Located at the corner of 22nd and Alabama Streets, this classic 1907 building features a wood
frame construction on a concrete foundation and offers a balanced mix of residential and commercial income.
The property includes four residential units and one commercial space. A spacious 3-bedroom, 2-bath unit
with two-car parking will be delivered vacant—ideal for an owner-user or to immediately lease at market rent.
The commercial unit is currently leased on a month-to-month basis by Omar & Christian Hair Salon, providing
consistent income with flexibility for future repositioning.
This well-maintained property offers strong current returns with potential for rental growth in one of San
Francisco’s most dynamic neighborhoods. The combination of location, income diversity, and owner-use
potential makes this a compelling investment opportunity.

Investment Highlights

  • Corner Location
  • 5.91% CAP RATE
  • Upside in Rents

Exclusively Listed By

Multifamily

2846-2848 22nd St

Listing Price: $2,100,000

Cap Rate
5.91%
Number of Units
5
GRM
9.89
Occupancy
100.0%
Price/Unit
$420,000
Price/Gross SF
$375.00
Gross SF
5,600

Investment Highlights

  • Corner Location
  • 5.91% CAP RATE
  • Upside in Rents

Investment Overview

An excellent opportunity to acquire a well-positioned 5-unit mixed-use property in the vibrant Mission District of San Francisco. Located at the corner of 22nd and Alabama Streets, this classic 1907 building features a wood frame construction on a concrete foundation and offers a balanced mix of residential and commercial income. The property includes four residential units and one commercial space. A spacious 3-bedroom, 2-bath unit with two-car parking will be delivered vacant—ideal for an owner-user or to immediately lease at market rent. The commercial unit is currently leased on a month-to-month basis by Omar & Christian Hair Salon, providing consistent income with flexibility for future repositioning. This well-maintained property offers strong current returns with potential for rental growth in one of San Francisco’s most dynamic neighborhoods. The combination of location, income diversity, and owner-use potential makes this a compelling investment opportunity.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower