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34365808
34365801

2901 Buchanan Street, San Francisco, CA 94123 For Sale

DD
CA 01963487
Colliers - San Francisco, California
JD
CA 00951916
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California
$6,250,000
5 days on market
Updated 5 days ago

2901 Buchanan Street

Details
APN 0541-003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,810
Units 9
Cap Rate 4.58%
NOI $286,102
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.26%
Pro-Forma NOI $453,682
Price per SqFt $637
Year Built 1922
Buildings 1
Lot Size (SqFt) 3,800
Zoning RM-1
Parking Spaces 6 spaces
Parking per 1,000 SqFt 0.61

Multifamily | 4.58% CAP | 9 Units

Marketing description

2901 Buchanan Street presents the rare opportunity to acquire a premier multifamily asset in the heart of Pacific Heights, one of San Francisco's most prestigious and supply-constrained neighborhoods. Built in 1922, the property consists of nine (9) well-appointed apartments, including six (6) one-bedroom, one-bath units and three (3) two-bedroom, one-bath units, along with six (6) on-site parking spaces, seven (7) private storage units, bike storage, and a shared backyard.

The units have been thoughtfully maintained and offer the type of finishes today's renters actively seek. Spacious floor plans, abundant natural light, hardwood flooring, formal dining rooms, and oversized windows are complemented by updated kitchens featuring shaker-style cabinetry, granite countertops, stainless steel appliances, and dishwashers. The residences have been thoughtfully maintained and showcase the quality of the property throughout.

Positioned just moments from Union Street, Fillmore Street, the Marina, and the Presidio, residents enjoy immediate access to some of San Francisco's finest restaurants, boutique shopping, neighborhood cafes, and outdoor recreation. The property's premier location, coupled with completed Soft-Story seismic improvements, secure building access, and valuable ancillary amenities, further enhances its long-term appeal.

With an outstanding Pacific Heights address, exceptional curb appeal, and beautifully maintained apartment homes, 2901 Buchanan Street represents an opportunity to acquire a true trophy-quality multifamily asset in one of San Francisco's most enduring investment markets. Properties of this caliber rarely become available, making this an exceptional offering for investors seeking both immediate quality and long-term appreciation.

Investment highlights

  • San Francisco Soft-Story Work - Work Completed
  • Exterior Paint (Completed in 2019)
  • Exterior Paint (Completed in 2015)
  • Wood Flooring
  • Shaker Wood Cabinetry
  • Granite Countertops
  • Gas Stoves / Ovens
  • Single Basin Aluminum Sinks
  • Over / Under Refrigerators
  • Dishwasher
  • Formal Dining Rooms
  • Tub / Shower Combinations
  • Tile Flooring
  • Tile Surrounds
  • Cabinet Sink
  • Inlaid Mirrored Cabinet Vanity
  • Window & Fan Ventilation
  • Hardwood Flooring
  • Windows w/ Blinds
  • Center Mounted Pendant Lighting
  • Ample Natural Light
  • Large Windows w/ Blinds
  • Tremendous Natural Light
  • 2x - Washers & Dryers
  • 7x - Storage Units & Bike Storage
  • Yes - Small Backyard

Listing Contacts

DD
CA 01963487
Colliers - San Francisco, California
JD
CA 00951916
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$286,102.00
$23,841.83/mo

Valuation Metrics

0
DSCR
4.58%
Cap Rate
4.58%
ROI

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