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33621716
33621712

33-35 Precita Avenue, San Francisco, CA 94110

AC
CA 02122807
$1,225,000
5 days on market
Updated 5 days ago

33-35 Precita Avenue

Details
APN 5501-041
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Convenience Store
Square Footage 3,720
Units 3
Beds 4
Cap Rate 5.87%
NOI $71,886
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.76%
Pro-Forma NOI $95,107
Price per SqFt $329
Year Built 1926
Buildings 1
Lot Size (SqFt) 3,223
Zoning RH-2
Investment Type Stabilized

Mixed Use | 5.87% CAP | 3,720 SqFt

Marketing description

33-35 Precita Avenue presents the opportunity to acquire a well-located mixed-use investment property at the intersection of Bernal Heights and the Mission District. Situated along the vibrant Precita Avenue corridor, the property benefits from immediate access to neighborhood-serving retail, popular dining destinations, public transportation, and the strong residential appeal that has made Bernal Heights one of San Francisco's most sought-after neighborhoods.

The property consists of two (2) spacious two-bedroom / one-bathroom residential units and one (1) ground-floor commercial space occupied by a long-term neighborhood market. The residential units feature functional floor plans, abundant natural light, hardwood flooring, and classic San Francisco architectural character, while the commercial component provides stable income from an established local business that serves the surrounding community.

Current ownership has demonstrated pride of ownership through several recent capital improvements, including a new rolled bitumen roof installed in 2022, a full exterior repaint completed in 2023, and a new electrical panel and breakers installed in 2024. These improvements enhance the property's long-term functionality while helping reduce future capital expenditure requirements for new ownership.

Located just blocks from Precita Park and the Mission Street commercial corridor, the building offers residents convenient access to an array of cafés, restaurants, grocery options, and everyday services. The property is also well-positioned near multiple Muni transit lines, BART stations, and major commuter routes including Highway 101 and Interstate 280, providing excellent connectivity throughout San Francisco and the greater Bay Area.

33-35 Precita Avenue offers investors the opportunity to acquire a character-rich mixed-use asset in a highly desirable neighborhood with strong long-term tenant demand. Combining stable residential and commercial income, recent capital improvements, and an exceptional Bernal Heights location, the property represents a compelling investment opportunity in one of San Francisco's most established residential communities.

Investment highlights

  • Well-located mixed-use investment property at the intersection of Bernal Heights and the Mission District
  • Two (2) spacious two-bedroom / one-bathroom residential units and one (1) ground-floor commercial space occupied by a long-term neighborhood market
  • Residential units feature functional floor plans, abundant natural light, hardwood flooring, and classic San Francisco architectural character
  • Commercial component provides stable income from an established local business
  • New rolled bitumen roof installed in 2022
  • Full exterior repaint completed in 2023
  • New electrical panel and breakers installed in 2024
  • Located just blocks from Precita Park and the Mission Street commercial corridor
  • Well-positioned near multiple Muni transit lines, BART stations, and major commuter routes including Highway 101 and Interstate 280

Listing Contacts

AC
CA 02122807

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$71,886.00
$5,990.50/mo

Valuation Metrics

0
DSCR
5.87%
Cap Rate
5.87%
ROI

Map

Zoning

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RH-2-40-X ResidentialTwo FamilyResidential House Two Family
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View all 49 uses
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Last updated Jun 10, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Adam Carosso
License
02122807
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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