Mixed-Use
2950 21st Ave
2950 21st Ave, San Francisco, CA 94132
Listing Price: $1,898,000
Investment Overview
Marcus & Millichap is pleased to present 2950 21st Street, a 5,350-square-foot, 4-unit mixed-use property located in the highly sought-after Inner Mission neighborhood of San Francisco. Built in 1900, this historic building offers a mix of three residential apartments and one commercial space, featuring exceptionally large floorplans that average 1,338 square feet. The residential unit mix consists of two four-bedroom/two-bathroom units and one two-bedroom/two-bathroom unit, alongside a 1,350-square-foot commercial space.
With expansive residential layouts, the property presents a clear opportunity for owner-occupancy, particularly within the 1,818-square-foot primary four-bedroom unit and the accompanying commercial space. The Inner Mission's vibrant cultural and commercial hub is driving demand for high-quality mixed-use assets in this dynamic area. Offering an 8.09% current cap rate and robust long-term growth potential, this property is a solid investment in a highly desirable location.
2950 21st Ave
Investment Highlights
- Offered at $1,898,000 ($474,500 per unit / $354.77 per square foot), with strong in-place cash flow reflecting an 8.09% capitalization rate
- Located in the heart of San Francisco's vibrant Inner Mission District, the property benefits from exceptional walkability (Walk Score of 98)
- The property presents significant owner-user potential with large floorplans, highlighted by a spacious 1,818-square-foot primary residential unit and a 1,350-square-foot commercial space
Exclusively Listed By
Listing Price: $1,898,000
Investment Highlights
- Offered at $1,898,000 ($474,500 per unit / $354.77 per square foot), with strong in-place cash flow reflecting an 8.09% capitalization rate
- Located in the heart of San Francisco's vibrant Inner Mission District, the property benefits from exceptional walkability (Walk Score of 98)
- The property presents significant owner-user potential with large floorplans, highlighted by a spacious 1,818-square-foot primary residential unit and a 1,350-square-foot commercial space
Investment Overview
Marcus & Millichap is pleased to present 2950 21st Street, a 5,350-square-foot, 4-unit mixed-use property located in the highly sought-after Inner Mission neighborhood of San Francisco. Built in 1900, this historic building offers a mix of three residential apartments and one commercial space, featuring exceptionally large floorplans that average 1,338 square feet. The residential unit mix consists of two four-bedroom/two-bathroom units and one two-bedroom/two-bathroom unit, alongside a 1,350-square-foot commercial space. With expansive residential layouts, the property presents a clear opportunity for owner-occupancy, particularly within the 1,818-square-foot primary four-bedroom unit and the accompanying commercial space. The Inner Mission's vibrant cultural and commercial hub is driving demand for high-quality mixed-use assets in this dynamic area. Offering an 8.09% current cap rate and robust long-term growth potential, this property is a solid investment in a highly desirable location.
Exclusively Listed By
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