Discover a rare gem in one of San Francisco’s most iconic neighborhoods! This historic 7-unit multifamily property (built in 1908) offers unparalleled potential for investors seeking value-add opportunities in a high-demand location. Comprising two buildings with a mix of 2-, 3-, and 4-bedroom units, the property combines classic early-20th-century architecture with strategic modernization opportunities. With 85.7% vacancy (six of seven units unrented), this asset is ready for renovation, repositioning, and to maximize cash flow in a soaring rental market. Key Features: ? Prime Location: - Steps from the historic cable car line, downtown SF, Financial District, Chinatown, and North Beach. - Walkable to world-class dining, entertainment, and cultural landmarks. - Excellent transit access: Muni, BART, and major bus routes nearby. ? Value-Add Potential: - Significant Rent Upside: Current rents are far below market rates. Post-renovation rents could align with area averages of about $3,500+ for 2-bed units. - Vacant Units Ready for Modernization: Most units are unoccupied, allowing for seamless renovations without tenant disruption. - Structural Upgrades in Progress: Recent modified bitumen roof (10 years old) and partial electrical updates. Opportunities for seismic retrofitting and foundation improvements (per inspection report) to enhance long-term value. ? Unit Mix & Amenities: - Flexible Configurations: 4x 2-bed/1-bath, 1x 3-bed/2-bath, 1x 4-bed/1-bath, and 1x 3-bed/1-bath units. - Parking Included: Rare 4-car garage—a premium in SF. - Original details: High ceilings, hardwood floors (under carpets), and classic charm. ? Investment Highlights: - Tourist & Commuter Appeal: Ideal for long-term rentals or short-term rentals (subject to zoning). - Ownership Benefits: Historic tax incentives, depreciation advantages, and scalability in a supply-constrained market. - Turnkey Opportunity: Partner with local contractors to expedite renovations.