3660 20th St

Highlights

• Ancillary Income Stream — 350 SF garage leased to a non-tenant, providing supplemental revenue with no tenant protections attached
• Attractive Entry Basis — Priced at $270,000 per unit and $350 per square foot, well below comparable Mission District multifamily pricing
• Boutique Five-Unit Scale — Ideal size profile for private capital, 1031 exchange buyers, and local operators seeking a manageable asset with institutional-quality upside
• Clear Value-Add Execution Plan — Path to stabilization through organic turnover, targeted unit renovations, and repositioning to market rent
• Exceptional Transit Connectivity — Walking distance to both 16th Street and 24th Street BART stations, with multiple Muni lines and U.S. 101 access nearby
• Five-Unit Multifamily Asset — 3,862 SF building on a 2,866 SF lot, offering institutional-quality scale in a boutique footprint
• Irreplaceable San Francisco Submarket — The Mission District is among the most supply-constrained and culturally desirable neighborhoods in the city, supporting long-term pricing power
• Meaningful Value-Add Opportunity — Five-unit assets with this level of upside in this location represent a compelling opportunity for well-positioned buyers
• Prime Mission District Location — Steps from Mission Dolores Park and the Valencia Corridor, one of the longest stretches of independent retail in the United States
• Significant Mark-to-Market Upside — Current rents of $7,113/mo versus estimated market rents of $19,000/mo, representing approximately 167% upside to gross scheduled income
• Strong and Diverse Unit Mix — (3) two-bedroom units, (2) one-bedroom units, including one 2-bedroom + den configuration, averaging 756 SF per unit
• Strong Rental Demand Demographics — Location appeals to San Francisco's core renter base of young professionals, creative-class workers, and dual-income households
• Tailwind from Citywide Rent Growth — San Francisco has posted some of the fastest rent growth in the nation over the trailing twelve months, driven by tech and AI employment and a sustained return-to-office environment
• Trust Sale Heritage — Property acquired from a trust sale with historically below-market rents, creating the foundation for the current upside opportunity
• Walkable to Neighborhood Institutions — Immediate proximity to Tartine, Bi-Rite, Delfina, Dandelion Chocolate, and a constantly evolving roster of restaurants, cafés, and boutiques

Attachments

• Property Brochure 1 () opens in new window

Location

Points of Interest