284 12th Ave

The Inner Richmond is one of the City’s most culturally diverse and exciting neighborhoods. The Inner Richmond is often referred to as San Francisco’s second Chinatown for its high concentration of Asian-American establishments and residents. It is also well- known for its Russian and Irish roots, making the district a melting pot of international cultures. The Inner Richmond’s most popular commercial corridors, Geary Boulevard and Clement Street, are famous for their unique restaurants featuring international flavors and concepts. Popular foodie destinations include Burma Superstar, Schubert’s Bakery, Arsicault Bakery, Koja Kitchen, and many more. The neighborhood also features incredibly affordable yet fresh Asian grocers that satisfy the adventurous chefs in the neighborhood. The subject property is just moments away from San Francisco’s\ most iconic parks such as the Presidio, Lands End, and, most notably, Golden Gate Park located just four blocks south of the property. The abundance of parks provides residents with the best outdoor activities that the city has to offer.284 12th Avenue is a 6-unit multifamily property in the Inner Richmond District of San Francisco. The property consists of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. The ownership has made substantial capital investments to renovate kitchens and bathrooms in the majority of units, incorporating new appliances, fixtures, and finishes. Additionally, laminate flooring has been installed in most units. The property features convenient amenities such as a six-car parking garage and coin-operated laundry facilities. Electric and gas utilities are individually metered for each unit. The Inner Richmond District boasts a diverse range of amenities. Nearby Geary Boulevard and Clement Street offer abundant dining options, while Golden Gate Park and the Presidio are within walking distance. Notable destinations also include Kaiser Permanente’s San Francisco Campus, the DeYoung Museum, and the California Academy of Sciences. The investment appeal of the property is its excellent location, updated units, and stabilized tenancy.