About 3730 24th Street
3730 24th Street is a seven (7) unit apartment building located in the heart of Noe Valley between Church and Dolores Streets. Built in 1955, the property houses seven (7) 1-bedroom, 1-bath units over a full ground-floor garage with seven (7) parking spaces. Some units have expansive north-facing views of the downtown SF skyline. The property is fully occupied with rents ranging from $2,395-$2,995. The monthly gross income is $18,257. There is approximately 53% rental upside. Each unit has a dedicated water heater, and most of the windows have been updated to double-pane. The location is extremely attractive to renters. The J-Church Muni stop, Whole Foods, Noe Valley Bakery, Noe Animal Hospital, Novy, Starbucks, and Douglass Playground are all within a few blocks. 3730 24th Street is a rare opportunity to purchase a well-located, low-expense property with parking and significant rental upside.
