41 Octavia Street
Multifamily | 4.36% CAP | 12 Units
Marketing description
41 Octavia Street presents the opportunity to acquire a well-maintained twelve (12) unit apartment building in the heart of San Francisco's highly desirable Hayes Valley neighborhood. Built in 1904, the property consists of four (4) one-bedroom, one-bathroom units, six (6) two-bedroom, one-bathroom units, and two (2) two-bedroom, two-bathroom units across approximately 12,448 square feet, offering an attractive unit mix that appeals to a broad tenant base.
The property features numerous capital improvements and desirable tenant amenities, including a concrete foundation replaced in 1996, predominantly copper plumbing, double-pane windows throughout, separately metered gas and electric service, coin-operated laundry, bike and storage areas. Most units have been remodeled while maintaining classic San Francisco architectural character and spacious floor plans.
Ideally situated on Octavia Street between Market Street and Hayes Street, the property benefits from immediate access to Hayes Valley's renowned dining, shopping, and entertainment destinations, as well as excellent public transportation options throughout San Francisco and the greater Bay Area. 41 Octavia Street offers investors the opportunity to acquire a sizeable multifamily asset in one of the city's most vibrant and supply-constrained neighborhoods, supported by strong in-place income and long-term rental demand.
Investment highlights
- Concrete foundation replaced in 1996
- Predominantly copper plumbing
- Double-pane windows throughout
- Separately metered gas and electric service
- Coin-operated laundry
- Bike and storage areas
- Most units have been remodeled
- Classic San Francisco architectural character and spacious floor plans
- Strong in-place income and long-term rental demand
- Excellent public transportation access
- Immediate access to Hayes Valley's dining, shopping, and entertainment
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