San Francisco Richmond District Investment

$1,750,000

2523-2529 Anza Street San Francisco, CA 94121

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About this listing

The Richmond District presents a robust opportunity for real estate investment in San Francisco. With its combination of strong rental demand, consistent appreciation, and desirable living conditions, it remains a top choice for investors seeking stable returns.
Surrounded on 3 sides by parkland and the ocean, the quiet Richmond District borders Golden Gate Park to the south, the Presidio park to the north, and surfers' hangout Ocean Beach to the west. Culturally diverse, its main influence can be found along Clement Street. Hiking the Lands End Trail gives the best views of the Golden Gate Bridge. The property is conveniently located close to Kaiser Medical Center, USF Campus and the UCSF Parnassus Medical Campus. Shopping, restaurants and public transportaion are a few blocks away.

2523-2529 Anza Street presents a great investment opportunity in the city's Richmond District. Owned by the same family since the 1970s, this well-maintained property features four spacious units.
Over the years, the property has been thoughtfully updated, ensuring modern appeal while maintaining its classic charm. The large garage could offer potential for an ADU, creating a significant boost to rental income. This is a fantastic chance from anyone for looking for a manageable investment property to an owner-user looking to live in the Richmond, making it an attractive addition to any real estate portfolio.
Two Units and the entire 4 Car Garage will be delivered vacant.

  • Cap Rate

    4.23%

  • Building Size

    3,380 sqft

  • Lot Area

    2,713 sqft

  • Units

    4

  • Year Built

    1922

  • Zoning

    RM-1

  • Parking Spots

    4

  • Parking Ratio

    4

DESCRIPTION

  • • Average Occupancy Rate: 50.0

Map





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