About 184 Valley St
184-190 Valley Street offers a rare opportunity to acquire a well-located seven-unit apartment building in one of San Francisco's most consistently strong rental markets, Noe Valley. The property features six spacious 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit the latter a fully permitted, all-new-construction ADU providing a versatile mix of floor plans that appeal to a wide range of tenants. This configuration supports stable occupancy and diversified income, while significant existing loss-to-lease across several units offers a clear path to increased cash flow for a new owner. The property has recently undergone a completed soft-story seismic retrofit, and its electrical infrastructure has been upgraded to modern circuit-breaker panels, reducing the deferred-maintenance burden typically associated with a building of this vintage. With most units currently lacking in-unit laundry, an investor also has a straightforward value-add opportunity to add washer/dryer service and capture additional income and tenant demand.
Features of 184 Valley St
| MLS® # | ML82055851 |
|---|---|
| Price | $2,600,000 |
| Square Footage | 4,379 |
| Acres | 0.03 |
| Year Built | 1908 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 184 Valley St |
|---|---|
| Area | Noe Valley |
| City | SAN FRANCISCO |
| County | San Francisco |
| State | CA |
| Zip Code | 94131 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Garages | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Roof | Flat / Low Pitch, Tar and Gravel |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | RH2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Fred Rubio |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 408-314-3009 |