78 Parker Avenue
Multifamily | 4.50% CAP | 7 Units
Marketing description
Situated on a prime residential block in Laurel Heights, 78 Parker Avenue presents a well-positioned multifamily investment opportunity in one of San Francisco's most desirable and consistently strong rental neighborhoods. The property offers a quiet, tree-lined setting with close proximity to premier dining, retail, and neighborhood amenities.
The subject property consists of a 7-unit apartment building featuring a unit mix of one (1) studio, four (4) one-bedroom units, and two (2) two-bedroom units, offering a balanced and highly rentable configuration. Units feature functional layouts with hardwood flooring, strong natural light, and classic San Francisco charm, with select units updated with modern kitchens and bathrooms.
Additional highlights include two (2) on-site parking spaces and on-site laundry. The property has completed the city's mandatory soft-story seismic retrofit program helping to limit near-term capital needs.
Ideally located near the Presidio, Laurel Village, Clement and the Sacramento Street retail corridors, the property offers convenient access to parks, neighborhood amenities, and public transportation along California Street, Geary Boulevard, and Park Presidio, supporting strong tenant demand and long-term neighborhood appeal.
Investment highlights
- Building COMPLETED on Mandatory Earthquake Retrofit Wood Frame Building Program
- Building is NOT compliant with the Fire Alarm Sleeping Room Ordinance (2013 - NFPA 72 Section 18.4.1)
- Two (2) on-site parking spaces
- On-site laundry
- Hardwood flooring throughout units
- Strong natural light
- Classic San Francisco charm
- Select units updated with modern kitchens and bathrooms
- Functional layouts
- Bay windows with blinds
- Granite countertops in kitchens
- Dishwashers
- Over/Under refrigerators
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