We’re excited to present a newly released multifamily opportunity in one of San Francisco’s strongest rental corridors. 1454 S Van Ness Avenue is a turnkey, extensively renovated five-unit building located in the desirable Mission District—surrounded by leading AI, biotechnology, and technology employers.

This 5,697 SF asset underwent a comprehensive, down-to-the-studs renovation beginning in 2018, resulting in best-in-class systems, premium interior finishes, and exceptional operational efficiency. The property offers a rare combination of modern upgrades, large floor plans, and strong, stable cash flow.

The building features two large 6-bed/4-bath units, a 3-bed/2-bath unit, and two 1-bed/1-bath units, each designed with vaulted ceilings, spacious living areas, quartz countertops, stainless steel appliances, dual-pane windows, updated LED lighting, and new mechanical systems. Select units include in-unit washers and dryers, and residents enjoy access to a newly constructed, furnished roof deck with sweeping city views.

Current tenants are high-earning professionals across tech, engineering, and business, resulting in 100% rent collections, no delinquencies, and minimal maintenance needs. Tenants also reimburse for water, sewer, and trash, further improving operational efficiency and net income.

At the $4,400,000 asking price, the property generates $334,704 in scheduled income and a 5.08% cap rate, with immediate potential upside as units turn over to market rents.

Key Highlights:

• Fully renovated 5-unit building — 5,697 SF

• (2) 6bd/4ba, (1) 3bd/2ba, (2) 1bd/1ba

• Newly constructed furnished rooftop deck

• Down-to-the-studs renovation: electrical, plumbing, roof, siding, interiors

• High-income, high-credit tenant base with 100% collections

• Tenant reimbursements for water, sewer, and trash

• Scheduled Gross Income: $334,704 | NOI: $223,457

• Asking Price: $4,400,000 | Cap Rate: 5.08%

• Located near major AI, biotech, and tech employers