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For Sale
984 Harrison Street


$1,850,000
3 Units
South of Market (SOMA)
Property Overview
Coldwell Banker Commercial is pleased to present for sale 984 Harrison Street — a rare, value-add multifamily opportunity located in the heart of San Francisco’s dynamic SOMA District.
This well-maintained asset combines immediate rental income with compelling development potential. Ideally positioned between 5th and 6th Streets, the property comprises three spacious residential units over a large ground-level garage with expansion feasibility.
Built in 1913, the 4,089 square foot, wood-framed building sits on a 1,952 square foot lot and showcases classic San Francisco architectural detailing along its façade. The desirable unit mix includes two generous 4-bedroom, 2-bath units and one expansive 4-bedroom, 2-bath unit — all featuring modern, flowing floor plans and private decks. Two of the three units have been fully renovated with stylish finishes, large bedrooms, and in-unit laundry potential, ensuring turnkey appeal for both owner-users and investors seeking strong rental upside.
The ground-level garage provides an excellent opportunity forvalue-add expansion. With plans feasible for a ±500 sq ft ADU (buyer to verify with city planning), this space offers a clear path to increase the unit count to four and unlock additional long-term value. In the interim, the area can generate potential storage income while development plans are in progress.
Strategically located in the vibrant SOMA neighborhood, 984 Harrison Street offers unbeatable access to downtown, Yerba Buena Gardens, Oracle Park, top tech campuses, acclaimed dining, nightlife, and convenient public transportation including Muni, BART, and major freeways (I-80 and 101).
This flexible, high-yield property is ideal for investors and owner-users alike, offering the rare combination of immediate income, generous unit sizes, recent renovation upgrades, and significant development upside — all in one of San Francisco’s most thriving and desirable neighborhoods.
Don’t miss this exceptional opportunity to add a prime SOMA asset to your portfolio!
PRICE/FOOT:
$452
PRICE/UNIT:
$616,667
GRM:
10.56
CAP RATE:
6.84%
Map Location
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