447 34th Ave, San Francisco, CA 94121

Property Description

Located in San Francisco's desirable Richmond District, this well-maintained and professionally managed 10-unit apartment building offers an attractive opportunity for both value-add and long-term investors. The property features a versatile mix of four 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studios, providing a range of unit sizes to meet different tenant needs. The building includes 10 parking spaces, 10 storage spaces, separate gas and electric meters, and a coin-operated laundry facility. Recent capital improvements include a new roof completed in 2025 and seismic work completed in 2017. For investors focused on long-term ownership, the property offers an established Richmond District location, diversified unit mix, parking, storage, and meaningful recent capital improvements. For value-add investors, there is potential to increase value over time through thoughtful improvements and future rental growth. The property is conveniently located near neighborhood restaurants, cafs, shops, and public transportation, with easy access to Golden Gate Park and the Presidio. The combination of location, unit mix, parking, storage, and recent improvements makes this an appealing opportunity to acquire and hold a San Francisco multifamily property with potential for future upside. Buyer to independently verify all information, including square footage, unit details, parking, storage, rents, and building improvements.