TRIPLEX | 736-738 Natoma St, San Francisco
PRIME SOMA LOCATION | TRIPLEX | RENOVATION UPSIDE
Marketing description
736-738 Natoma St is a well-maintained 3-unit multifamily property located in the heart of San Francisco. Built in 1911, this early 10's vintage building features superior unit mix with three 2-bedroom/1-bathroom units totaling 4,120 square feet of net rentable area. The property sits on .043 acres and offers street parking.
The building has been recently renovated with new gas lines, stoves, kitchen upgrades, and electrical system improvements including range hoods with dedicated circuit breakers in each unit. The roof is approximately 19 years old and in good condition. Additional features include extensive trim and period detailing throughout, traditional fireplaces in living rooms, formal dining rooms with built-ins and wall-to-wall wainscoting, and bay windows.
With 100% occupancy and significant rent upside potential, this property offers investors an opportunity to add value through rent increases to market rates. The pro forma cap rate of 7.37% demonstrates strong return potential.
Investment highlights
- RENOVATION UPSIDE
- SUPERB MARKET FUNDAMENTALS
- OUTSTANDING DEMOGRAPHICS
- GREAT SCHOOLS
- EARLY 10's VINTAGE
- SUPERIOR UNIT MIX
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