384-388 Capp Street
- Good Return with 4.79% Cap Rate
- Ideal Mission Street Location
- Easy-to-Manage Multifamily Asset
What this property offers
As exclusive agents, Urban Group Real Estate is pleased to present 384-388 Capp Street, San Francisco, CA for purchase. This spacious 7,200 square feet 3-story 6-unit Multifamily investment property is centrally located in San Francisco’s vibrant Inner Mission neighborhood.
Comprised of six (6) large 5-room units used as 3–4-bedroom flats. Every unit features high ceilings with an abundance of natural light. The building possesses many of the fine quality finishes from its era of construction, most notably its decorative fireplaces. The spacious common garden is an ideal outdoor dining and entertaining area, and its large basement area allows for ample storage as well as bike or scooter parking.
Boasting a walk score of 99, 384-388 Capp Street is surrounded by quintessential Mission District cafes such as Tartine Bakery, chef-driven restaurants, markets and parks most notably Mission Dolores. This central location offers many MUNI options for easy downtown access, proximity to the 16th St Mission BART as well as convenient access to HWY 101. 384-388 Capp Street presents a savvy investor with a fantastic San Francisco investment property opportunity to purchase an easy-to-manage multifamily asset with a Cap Rate of 4.79% in a superb neighborhood location.
As San Francisco’s brightest and most culturally rich neighborhood, the Mission has attracted a diverse population from artists to billionaire tech CEOs. The Mission area is easily accessible by public transportation with a steady flow of people that is constant and diverse. In JLL’s yearly World of Retail review, The Mission, along with Union Square and Fillmore Street, is recognized as the city’s main shopping destination. And with a population density greater than New York City, The Mission truly is a retailer’s paradise.