278 States St

San Francisco CA 94114

7268 sq. ft.

3624.19 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

278 States Street presents a rare opportunity to acquire a well-maintained, multi-structure asset situated at the crest of the highly coveted Corona Heights neighborhood. This unique property consists of two distinct buildings on a single lot, providing dual street access from both States Street and Roosevelt Way. Originally constructed in 1960, the property comprises nine total residential units (eight residential units plus one occupied, unwarranted studio). The primary unit mix consists of spacious two-bedroom, one-bathroom floor plans, designed to maximize natural light and capture the expansive city views characteristic of this elevated location. The Roosevelt Way building houses two apartments, a large storage room, the laundry facility, and a rooftop studio. This studio features a private deck and stunning panoramic views, offering a new owner the potential to pursue legalization and further solidify the property's income stream. With well-maintained systems and a considerable gap between current and market rates, the asset offers substantial rental upside.