1215-1217 3rd Ave, San Francisco, CA 94122
This classic 1908 Edwardian fourplex offers a solid investment opportunity with 100% tenant occupancy generating ~5% cap rate in prime Inner Sunset location. Ideally positioned between the Golden Gate Park and the UCSF Medical Center including the $4.3 billion Parnassus Heights Expansion. With this 15-story world-class facility UCSF will remain a leader in biomedical research, health sciences, education, and care. Completion is scheduled for 2030. Residents also enjoy the proximity to world-class museums, easy access to Irving Street’s cafés, shops, and restaurants, as well as the N-Judah Muni line for a quick commute to the Financial District or Ocean Beach. The property comprises three updated 1-bedroom units and one junior 1-bedroom/studio, all featuring 12-foot ceilings, brick fireplaces, built-in cabinetry, bay windows, and hardwood floors.
Additional features include:
3,250sf2 of living space and 2,375sf2 lot
2-3-car garage parking (all spots are currently vacant)
Abundant storage
Large rear garden
Coin laundry
The 2026 Rent Roll includes:
Unit 1: $2,685/month
Unit 2: $1,918/month
Unit 3: $1,978/month
Unit 4: $2,833/month
Gross Annual Income: $116,568 ($112,968 rent + $3,600 parking)
Operating Expenses: $30,000 (including taxes and insurance)
Net Income: $86,568
4.8% Cap Rate
*The seller and the broker have not and will not verify this info. Buyer to investigate to full satisfaction.
Studio
3,250 Sq.Ft. LIVING AREA
2,375 Sq.Ft. lot
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Victoria combines sharp instincts with a natural ability to navigate the complexities of luxury real estate, approaching every transaction with confidence and uncompromising negotiation skills.