Property Description
Colliers is pleased to present 235 Valencia Street, a well-maintained forty-two unit apartment building ideally situated in the heart of San Francisco’s Mission Dolores neighborhood. Built in 2021, the property spans approximately 25,917 square feet on a 9,148-square-foot lot and offers a desirable unit mix of eighteen (18) - studios, six (6) - one bedroom apartments, fourteen (14) - two bedroom apartments, two (2) three bedroom apartments, and 2 commercial units.
Each residence offers a comfortable layout with modern updates, including wood flooring, granite countertops, electric stoves, and abundant natural light. Building systems are separately metered for gas and electricity, and in-unit laundry provides additional tenant convenience. A dedicated rooftop terrace offers sweeping views of the city and Twin Peaks.
The property is well-positioned for both stable income and future growth, with an estimated 11% rental upside. Current financials reflect a 4.81% CAP rate, with a pro forma CAP rate of 5.60%, presenting an attractive opportunity for investors seeking a balanced return profile in a prime San Francisco location.
Located between Mission Dolores Park and Hayes Valley, 235 Valencia Street offers residents exceptional access to the city’s most vibrant retail, dining, and cultural destinations, as well as close proximity to BART, Muni, and major tech shuttle routes.