Property Detail

Description

3601 West Street delivers a fully-occupied five-unit apartment building at the signalized corner of 36th and West Street, three blocks from MacArthur BART. Priced at $950,000 — $190,000 per unit and $264 per square foot — the property generates $124,296 in current annual income at a 7.8% in-place cap rate. Four of five units are backed by Section 8 HAP contracts. Unit mix: one 1BR and four 2BR units, 3,603 SF total. Five assigned parking spaces include two garages and three covered carports, all included in rents. Move-in dates span 2004 to 2021 — proven retention, low turnover. Recent capital investment of $25,000+ across 2024–2025. Built for 1031 trade-ups and income-focused private investors targeting stabilized Bay Area multifamily. Don't miss this one.