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Multifamily

324 Waller St

324 Waller St, San Francisco, CA 94117

Listing Price: $2,000,000

Cap Rate
1.73%
Number of Units
4
Price/Unit
$500,000
Price/Gross SF
$549.45
Gross SF
3,640

Investment Overview

Marcus & Millichap is pleased to present 324-334 Waller Street, a 4-unit property, located in the heart of the highly desirable Lower Haight neighborhood. The very unique property sits on a 6,873 square foot lot with a large, fenced-in front yard with parking for four cars. There are also two large garages that accomodate one car each with ample excess space. The garage area offers excellent potential for ADU units in the future. The extra large lot provides a FAR of 1.8 times the lot area, which would allow for a significant expansion of square footage or future development with a conditional use permit. Each unit features 12 foot ceiling height and large windows that allow for ample light. They also feature many period details and hardwood floors throughout. Each unit is separately metered for gas and electricity and are heated with forced air furnaces. The rent roll provides for extensive growth over time. 324-334 Waller Street is a completely unique 4 plex in one of the most desirable submarkets in San Francisco. The Lower Haight location sits directly between Duboce Triangle and the Hayes Valley business district. Attractions within a short walking distance include numerous dining experiences (Maven, Cafe International, House of Thai, Estrella Taqueria, Kate’s Kitchen), bars (Toronoado, Noc Noc, Molotov’s,) and outdoor attractions including Duboce Park.

Investment Highlights

  • Large lot with front parking/garden area.
  • Significant rental upside.
  • Highly desirable block.

Exclusively Listed By

Listing Price: $2,000,000

Cap Rate
1.73%
Number of Units
4
Price/Unit
$500,000
Price/Gross SF
$549.45
Gross SF
3,640

Investment Highlights

  • Large lot with front parking/garden area.
  • Significant rental upside.
  • Highly desirable block.

Investment Overview

Marcus & Millichap is pleased to present 324-334 Waller Street, a 4-unit property, located in the heart of the highly desirable Lower Haight neighborhood. The very unique property sits on a 6,873 square foot lot with a large, fenced-in front yard with parking for four cars. There are also two large garages that accomodate one car each with ample excess space. The garage area offers excellent potential for ADU units in the future. The extra large lot provides a FAR of 1.8 times the lot area, which would allow for a significant expansion of square footage or future development with a conditional use permit. Each unit features 12 foot ceiling height and large windows that allow for ample light. They also feature many period details and hardwood floors throughout. Each unit is separately metered for gas and electricity and are heated with forced air furnaces. The rent roll provides for extensive growth over time. 324-334 Waller Street is a completely unique 4 plex in one of the most desirable submarkets in San Francisco. The Lower Haight location sits directly between Duboce Triangle and the Hayes Valley business district. Attractions within a short walking distance include numerous dining experiences (Maven, Cafe International, House of Thai, Estrella Taqueria, Kate’s Kitchen), bars (Toronoado, Noc Noc, Molotov’s,) and outdoor attractions including Duboce Park.

Exclusively Listed By

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