381 Turk StSan Francisco, CA 94102

This exceptional three-story apartment building, located at 381 Turk Street in San Francisco, CA 94102, presents a rare investment opportunity. Boasting 13,957 square feet on a 6,150 square foot lot, this 1915-built property features 32 units, priced at $178,125 per unit. The unit mix includes 29 studios and 3 one-bedroom/one-bathroom units, with seven units having undergone recent remodeling. The building benefits from significant capital improvements and a completed soft story retrofit, ensuring long-term stability and value. This stabilized asset offers a compelling 6.43% cap rate and represents a significant discount to replacement cost. Its prime location provides easy access to abundant dining and shopping options in vibrant neighborhoods including Union Square, Polk Street, Civic Center, Market Street, and Van Ness Avenue. Convenient public transportation is readily available via BART and Muni at the nearby Powell and Civic Center/UN Plaza stations. The property is zoned RC4. This is a truly remarkable opportunity to acquire a well-maintained, high-performing multifamily asset in the heart of San Francisco.