176 Valparaiso St San Francisco, CA 94133

This exceptional five-unit apartment building in San Francisco's desirable Russian Hill neighborhood presents a compelling investment opportunity. The property, located at 176 Valparaiso St, boasts 3,164 square feet on a 1,792 square foot lot and features a mix of unit sizes, including four one-bedroom units and one three-bedroom unit. Built in 1907, this two-story building currently enjoys 100% occupancy (as of March 31, 2024), generating a substantial net operating income (NOI) of $97,626, representing a 6.11% cap rate. The asking price is $1,599,000, or $319,800 per unit, and the price per square foot is $505.37. The property is situated in a quiet cul-de-sac, offering residents a peaceful retreat while remaining conveniently close to Columbus Avenue, Fisherman's Wharf, North Beach, Washington Square Park, Chinatown, and the Financial District. While four units have been updated, the building is being sold as-is, with no inspections provided by the seller. All units are currently occupied, and showings will be available after offer acceptance, subject to a buyer's visual inspection. Any offer must include a verification of funds (VOF) and a recent loan approval letter if financing is involved. Detailed financial disclosures are available upon request. This is a stabilized investment with approximately 90% of rental income at market value, presenting a rare chance to acquire a well-located, income-producing asset in a highly sought-after San Francisco neighborhood. The building department abatement order has been removed, and any prior violations have been addressed.