3548 Pierce StSan Francisco, CA 94123

This exceptional San Francisco investment opportunity presents a fully occupied, meticulously maintained, and newly renovated six-unit apartment building located at 3548 Pierce Street, in the desirable 94123 zip code. The property boasts a total of 6,000 square feet of net rentable space and features a mix of unit sizes: two one-bedroom, one-bathroom units and four two-bedroom, two-bathroom units. All units have been upgraded to condo-quality standards, featuring premium finishes and in-unit washer/dryers in the two-bedroom units. Significant capital improvements have been completed throughout the building, including a new heating system, a state-of-the-art intercom system, a completely renovated lobby, and new tankless water heaters. The building also benefits from a cleared-out garage area with potential for an Accessory Dwelling Unit (ADU), plans for which are available from the seller. Built in 1927 and extensively renovated in 2023, this property offers a strong return on investment, with a Net Operating Income (NOI) of $211,814 and a 4.26% cap rate. The asking price is $4,975,000. Situated in a vibrant neighborhood with a Walk Score of 97, this property offers unparalleled convenience and access to shopping, dining, and entertainment. This is a rare opportunity to acquire a high-quality, income-producing asset in a prime San Francisco location.