$7,250,000 | TWO BUILDINGS | 17 UNITS 
NOE VALLEY

Just Listed

371-381 & 383-391 San Jose Ave

17

Units

4.8%

Cap Rate

13.4

GRM

13,050

Combined

Square Feet

371 and 383 San Jose Avenue are two side-by-side apartment buildings on the border of Noe Valley and the Mission District. Totaling 17 units, these properties can be purchased separately or together. 371 San Jose is 8 units and 383 San Jose is 9 units. The combined unit mix is 7 two-bedrooms, 4 one-bedrooms, and 6 studios. These units retain much of their Victorian charm with high-ceilings, wood floors, and decorative fireplaces. Both buildings have been seismically upgraded and are compliant with the San Francisco Soft-Story Ordinance. The building is very efficient and provides low operating expenses. 

Located on a quiet tree-lined street, these buildings provided tenants with a peaceful existence, but are still within walking distance to many conveniences. It provides easy access to the countless shops, restaurants, and nightlife of Valencia Street, 24th Street, and Bernal Heights. It is minutes away from Hwy 280 and within walking distance to 24th Street BART.