34 Liberty St, San Francisco, CA 94110

Rare Mission Dolores / Liberty Hill Multifamily with Vacant Unit Upside

34 Liberty Street is a five unit apartment building in San Francisco's Liberty Hill neighborhood, steps from Dolores Park and the Valencia Street corridor. Built in 1960, the three story, 4,066 square foot building sits on a 2,874 square foot lot. The unit mix is four one bedroom, one bath units and one three bedroom, two bath unit. The soft story seismic retrofit was completed in 2023.

The three bedroom, two bath unit will be delivered vacant at close. A buyer can lease it at market rent, renovate it, or live in it.

The ground floor has two vacant garages that can be rented right away, and off street parking commands a premium in this part of the city. The ground floor also offers ADU potential for a longer term owner.

Highlights

• Prime Liberty Hill location, steps to Dolores Park and Valencia Street
• 5 units: (4) one bed / one bath and (1) three bed / two bath
• Three bedroom unit delivered vacant at close
• (2) vacant garages for additional income from day one
• ADU potential on the ground floor
• Soft story seismic retrofit completed (2023)

Pricing

• Price: $2,950,000
• Price per unit: $590,000
• Price per square foot: $725.53
• Current cap rate: 4.68% | Pro forma: 8.02%
• Current GRM: 15.66 | Pro forma: 10.03

Showings by appointment only. Contact Philip Batlin at (415) 625 2189 or [email protected] for the full Offering Memorandum.