$3,250,000 | 11 Units | Lake Street
Just Listed
630 Lake Street
$295,455
Price Per Unit
12.3
GRM
5.0%
Cap Rate
7,965
Square Feet
630 Lake Street presents a rare opportunity to acquire a well-maintained multi-family property in one of San Francisco’s most desirable neighborhoods. Owned by the same family for over five decades, the building reflects true pride of ownership.
The property consists of ten large studios, each featuring hardwood floors, built-in cabinetry, high ceilings, and ample closet space. Kitchens and baths maintain much of their original character, offering a classic aesthetic that appeals to tenants. The front-facing units benefit from newer double-pane windows, while the rear units overlook the greenery of Mountain Lake Park. The topfloor 2BD/2BA unit enjoys direct park views and a spacious layout.
Tenants enter through an ornate lobby with wide hallways leading to their units. An elevator provides convenient access to all floors, including the three-car garage, where a coin laundry and a large vacant storage room add further value. The building features 400 Amp electrical service and a newer steam boiler system.
Investment opportunities on Lake Street, particularly those directly on Mountain Lake Park are rare. This is a generational asset that offers long-term growth potential and significant rental upside. The property provides a quiet, residential setting along one of San Francisco’s designated Slow Streets, with easy access to Presidio Heights, Laurel Village, the Richmond District, The Presidio, and Golden
Gate Park.