3156-3158 24th Street

Conventional Financing at 95% LTV! Potential use: Daycare, Assisted Living, Retail, Cannabis Retail, Massage Establishment, Restaurant, Health Care Services, and more. 3156 24th St is a reimagined historic gem, in a prime location just a 3-minute walk away from 24th St Mission BART. It is a coveted opportunity for an Owner/User or an investor to purchase a soft-story retrofitted asset with significant value-add rent upsides of 47%. The excellent unit mix includes (1) 2bed/1bath, (2) 1bed/1bath, (4) studios and (1) retail space. The Mission District has become a hub for attracting exceptional companies, such as "Open AI", and the 2023 average household income within 0.5 mile is $172,447. With the estimated visitor spending of $8.7 Billion in 2023, having a retail business or a strategically positioned real estate asset in the Mission District can lead to significant long-term growth opportunities for an Owner/Investor to capitalize!