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3700 16th Street, San Francisco, CA 94114

$3,200,000
: 8
BD
: 5,300
SqFt

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Sold Price: $3,200,000
List Price: $3,000,000
Closing Date: Feb 12, 2026
MLS#: 425087698
Property Type: Multifamily
Bedrooms: 8
Sqft. of Residence: 5,300
Lot Size: 3,480
Region: SF District 5
Status: CLOSED
County: San Francisco
Acres: 0.08
Year Built: 1959
Foreclosure: Yes
Parking Spaces: 8

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Property Description

Exceptional 8-unit corner property in one of San Francisco's most desirable and high-demand rental markets. The building features eight well-proportioned one-bedroom apartments with great floor plans, ample closet space, and abundant natural light. Several units have been updated, and a top-floor residences have stunning views. The property offers eight garage parking spaces and eight storage rooms, creating valuable additional income opportunities. Separately metered PG&E and individual gas heaters keep operating expenses low. With strong neighborhood demand and several units offering significant rental upside, this is an excellent long-term investment in a premier location steps from parks, cafes, restaurants, and transit. This is a lender-owned (REO) property being sold as-is. Seller has never occupied the property and is exempt from the Transfer Disclosure Statement and Seller Property Questionnaire.

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Additional Information

Basement: Storage Space
Construction: Stucco, Wood
Foreclosure: Yes
Living Area: 5,300
Lot Size: 3,480
Neighborhood: Corona Heights
Possession: Close Of Escrow, Subject To Tenant Rights
Region: SF District 5
Style: Contemporary
Subdivision: Corona Heights
Units: 8
View: Bay, City, Downtown