Owner or Investor Opportunity Meets Victorian Charm in Prime Noe Valley. A rare chance to own a 5-unit Victorian-era property in the heart of Noe Valley one of San Francisco's most sought-after residential neighborhoods. This iconic building features: Five well-appointed units with 4 rooms each, plus enclosed porches for expanded livable space. Two vacant units, ideal for owner-occupants or immediate income generation. Ground-level storage offering strong potential for conversion into ADUs (Accessory Dwelling Units) or rent out at around $300/m each for additional income. Original architectural details preserved throughout, perfect for value-add without sacrificing historic charm. Located just off 24th Street near tech shuttle stops, cafes, shops, and parks. Strong rental demand, walkable location, and sunny microclimate. Excellent current CAP rate of 4.67, 14.3 GRM can be raised to 5.24 CAP at 13.2 GRM when the 4 storage units are rented out at $300/m/unit. Whether you're a seasoned investor, developer, or an owner-user buyer seeking legacy property with upside, this is a strategic acquisition with room for creativity and future growth. Soft story seisimic upgrade done in 2016. Live in a desirable Noe Valley neighborhood mortgage paid for by the rent collected.
MLS #
SF425060444
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
20
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | 3 | 5 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 0 | 1 | 1/0 | – | – | – |
1013 Noe St is a Residential Income in San Francisco, CA 94114. This 4,930 square foot property sits on a 3,306 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,550,000 and was built in 1908.
This address can also be written as 1013 Noe St, San Francisco, CA 94114.©2025 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 30, 2025. For the most current information, please contact Eric Chin, (415) 334-1880