3173 21st Street

3173 21st Street, San Francisco, CA 94110

Property Information

  • For Sale $1,750,000
  • Property Type Multi-Family
  • Property Size 2,350 SF
  • Units 4
  • Lot Size 0.05 Acre
  • Year Built 1900
  • Date Updated May 14, 2026

Description

3173 21st Street is located between Capp and Mission Streets in the heart of the Mission District. The property is just blocks from the 24th Street Mission BART station and is served by multiple Muni bus lines, making citywide travel effortless. It’s a short (under 15-minute) walk to Dolores Park, one of San Francisco’s most popular parks offering green space and skyline views. Just blocks from Valencia Street’s vibrant corridor, residents enjoy a wide array of cafés, restaurants, boutiques, and nightlife within easy reach. Having rebounded strongly since the COVID-19 downturn, the Mission District is now bustling with energy. Nearby on-ramps to US-101 and I-280 provide direct routes to Peninsula hubs, avoiding the longer drives typical of neighborhoods farther north, making this location especially desirable for tech workers.3173-3173A 21st Street is a 4-unit property featuring 3 residential apartments (1) 1-bedroom 1-bath plus den unit, (1) 2-bedroom 1-bath and one (1) spacious 4-bedroom, 2-bath unit—alongside an ADA-compliant ground-floor commercial space that is being operated as a hair salon and is leased at $2,799.00 per month on a 3-year lease that was signed in October 2025. There's a shovel-ready 1-bedroom ADU on the ground floor that awaits finishing by a future owner, offering additional income potential once completed. With the existing units brought up to market rents and the ADU finished, there is approximately 60% upside in the current rent roll. With separate individual water meters, new 400 amp electrical service, the property benefits from extremely efficient operating expenses, making this an attractive opportunity for an investor seeking both stable income and growth potential.

Highlights

  • 100% occupied mixed-use property
  • 11% Proforma Cap Rate
  • A three-year lease was signed in November 2025 with a starting monthly rent of $2799 per month
  • ADU Ready | Value-Add Opportunity
  • Approximately 60%+ Upside in Rents
  • Close to Valencia St’s cafés, shops, and nightlife
  • Prime Mission District location
  • Separately metered for Water & Electric
  • Shovel-ready 1bd ADU
  • Unit mix: (2) 1bd/1ba + (1) 4bd/2ba + 1 Commercial

Contacts

Cris Lamas

Urban Capital

Location

Located at 3173 21st Street, San Francisco, CA 94110, this property is part of the Inner Mission neighborhood and San Francisco market.

Contact Listing Broker
Cris Lamas

Urban Capital

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