Multi Family In San Francisco

1712-1722 McAllister Street is a wonderfully maintained 8-unit apartment building ideally situated between Broderick and Baker Streets in San Francisco’s highly desirable North of the Panhandle neighborhood. The property has undergone extensive improvements, including a near-complete renovation of the ground-floor level, a newer roof, updated fire and electrical systems, and a completed seismic retrofit reflecting meticulous ownership and long-term care. The building consists of six spacious 2-bedroom apartments and two studio units spread across four stories. The studio apartments were newly constructed as ADUs in 2023 and feature top of-the-line finishes. Four of the 2-bedroom units have also been tastefully updated within the past decade. Many apartments offer expansive living rooms, eat-in kitchens, split bathrooms, large bedrooms, hardwood floors, and abundant natural light. Residents enjoy an exceptional location with convenient access to the restaurants, cafes, and shopping corridors along Divisadero Street and Haight Street. Outdoor amenities and green space are plentiful, with nearby access to Alamo Square, The Panhandle, and Golden Gate Park. The property also benefits from strong public transportation options and quick connectivity to downtown San Francisco. Offered at just $481 per square foot, this turnkey asset presents investors with stable in place cash flow, meaningful upside potential, and an opportunity to own a well-maintained property in one of San Francisco’s premier rental neighborhoods.