top of page
Adam Filly Logo

$3,375,000 | 6 UNITS | NORTH PANHANDLE

Just Listed


1798 McAllister Street

6

Units

12.7

GRM

5.6%

Cap Rate

4,362

Square Feet

1798 McAllister Street is a well-located and fully occupied mixed-use property in the heart of NOPA. The property consists of two Studio and two 1BD apartments, and a ground-floor commercial space. All five apartments were recently remodeled with high-end finishes, in-unit laundry, and modern appliances. The commercial space was just leased to a law firm on a new 10-year lease with an extension option for an additional 5 years. The commercial space is south-facing with great visibility from the street and natural light. All of the apartments are separately metered for gas and electricity, and tenants pay for their own heat. Additionally, a utility reimbursement program has been implemented to reduce all landlord utility expenses. A soft-story seismic retrofit was also completed in 2025. Located at the intersection of Baker and McAllister Streets, this is a highly desirable location that provides convenient access to Divisadero shops and retail, the Panhandle, Golden Gate Park, and Haight-Ashbury. This is an excellent opportunity to purchase a turn-key asset that will provide immediate cash flow.

BE IN THE KNOW.

Enter your email address to receive information on Adam's new listings.

Thanks for submitting!

Please contact Adam for a complimentary and confidential market evaluation of your property, or to consult on any real estate matter. Adam is happy to provide this service, regardless of your intent to sell.

Adam Filly Logo
Compass Real Estate Logo
bottom of page