$2,600,000

184 Valley Street, San Francisco CA, 94131

Price per sqft$593.74

Built in1908

Property size4,379 sqft

Property typeCommercial

Listed by Fred Rubio CA DRE# 01984041 with Marcus & Millichap 408-314-3009

Overview

Active

Listed Jul 29, 2026

Updated 29h ago

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.

Additional information

MLS^® ID: ML82055851

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.03 Acres

Other Property Details

Taxes: $31,745
Tax Frequency: Annually
Maintenance Expense: $3,500

Also listed on BEAR

Listed by Fred Rubio CA DRE# 01984041 with Marcus & Millichap 408-314-3009

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/17/2026 at 7:07 AM UTC Last Checked: 7:07 AM UTC