A rare offering in one of San Francisco's most resilient rental submarkets: an 8-unit apartment building in the heart of the Outer Sunset, ideally positioned for the long-term investor seeking both stable cash flow and meaningful upside.
The building consists of eight 1-bedroom/1-bathroom units and eight parking spaces — a significant amenity in this neighborhood and a strong draw for tenant retention and rent growth. Five spaces are currently rented by building tenants, while two additional spaces are leased to neighborhood residents, providing a supplemental income stream beyond unit rents. Seven of the eight units are currently tenant-occupied, with Unit #2 delivered vacant at close of escrow, giving a new owner immediate flexibility to reposition at market rate.
The Opportunity: Current in-place rents sit meaningfully below market, and the length and history of several tenancies suggest the potential for banked rent increases upon turnover or lease restructuring. Combined with the vacant delivery of Unit #2, this property offers a clear, multi-unit path to increased NOI through natural turnover, unit renovation, and rent stabilization to market levels — a compelling value-add story for buyers with a long-term hold strategy.
Additional income-supporting features include on-site coin-operated laundry and 2 parking spaces rented to neighbors in the area.
Location: Steps from Golden Gate Park, Ocean Beach, and Sunset Dunes, and moments from the neighborhood's most-loved local businesses — Mollusk, Hook Fish Co., Blackbird, Gus's Market, Other Avenues, Outerlands, and Thanh Long — this address delivers the walkable, amenity-rich lifestyle that consistently drives strong renter demand in the Outer Sunset. Convenient access to the N-Judah line connects tenants directly to downtown and beyond, reinforcing long-term rental desirability.
An excellent opportunity for investors seeking a well-located, parking-equipped multifamily asset with genuine upside built in.
