Investor Opportunity in Prime Mission Location – Renovated 4-Unit Building with Strong Returns

$1,400,000
2721-2725 Harrison Street, San Francisco
Presented by
Becky Layton
Strategically positioned in the heart of San Francisco’s Mission District, this well-maintained 4-unit property offers investors a turnkey asset with strong in-place income, low expenses, and significant long-term upside.

Property Overview:
  • Unit Mix: 1 x 1BD + office / 1BA, 2 x 1BD / 1BA, 1 studio
  • One 1BD/1BA unit delivered vacant – ideal for owner-occupier, rental repositioning, or furnished rental strategy
  • Front building - Victorian era with 1944 concrete foundation,  rear building - 1945 construction (3R report)
  • All units have outdoor space, 3 with decks adjacent to unit
  • Professionally managed and consistently maintained

Key Capital Improvements:
  • Full unit renovations completed in 2009 with permit: updated kitchens/bathrooms, double-paned windows, recessed lighting, wood floors, individual forced-air furnaces and water heaters
  • Sewer line replaced in April 2020 ($15k+)
  • Dry rot repairs in Sept 2023 ($7k+)
  • Exterior repainted in Dec 2023 ($18k+)

Common Area Features:
  • Landscaped shared courtyard
  • Large basement with shared laundry room and tenant storage rooms

Location Highlights:
  • Steps from 24th St BART, Highway 101, and an endless array of restaurants, shops, and cafes
  • Walk Score: 99, Transit Score: 84, Bike Score: 100

Financials:
  • 💰  Total Annual Income: $112,229
  • 💸 Total Annual Expenses: $35,406
  • 📈 Cap Rate: 5.49%
  • 📊 GRM: 12.47
  • 🏷️ Price Per Unit: $350,000

Disclosure package available, including general inspection, structural pest report, tenant leases/notices, monthly and annual income/expense reports, invoice/receipts from completed work.

This is an excellent opportunity to acquire a stabilized, income-generating asset in one of San Francisco's most successful rental markets, with both immediate cash flow and long-term appreciation potential.

Property Tour

Floor Plans

Floor plan

Site plan

Neighborhood

The Inner Mission represents a dynamic San Francisco neighborhood with a rich cultural history. Originally a working-class area that became a center of Latino culture, the neighborhood has undergone significant transformations while maintaining its distinctive community character.

Mission Street serves as the primary commercial corridor, offering diverse dining, shopping, and services. Transportation options include BART and Muni Metro stations at 16th and 24th Street, with multiple bus lines providing comprehensive transit coverage.

The architectural landscape blends Victorian-era homes, mid-century developments, and contemporary structures. Historic buildings like Mission Dolores anchor the neighborhood's historical significance. Dolores Park provides a critical green space with spectacular city views, while community centers like the Mission Cultural Center for Latino Arts preserve the area's cultural heritage.

What distinguishes the Inner Mission is its remarkable cultural diversity and urban resilience. From its historical roots to its current status as a hub of artistic innovation, the neighborhood captures the complexity of San Francisco's most dynamic community. Direct access to transportation, rich cultural resources, and a commitment to community preservation define this unique urban environment.
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Becky Layton

Top Producer 2004-2024

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