Investment Overview
3324 Broderick Street is a classic six-unit apartment building located one block from Chestnut Street in San Francisco’s Marina District - 2 blocks to Palace of Fine Arts and 4 blocks to the Marina Green. The 5,700 sq/ft property contains six (6) spacious 2BR/1BA apartments averaging approximately 894 sq/ft, 2-car tandem garage parking, five ground-floor storage rooms and a 694 sq/ft ground floor recreation studio with a full bath, kitchenette and backyard access.
Four apartments have in-unit laundry, and all residents have access to owner-owned common laundry. The roof was replaced in 2025, the seismic retrofit was completed in 2015, and gas and electricity are separately metered.
Offered at an attractive 5.34% cap rate and 12.47 GRM, with 46%+ rental upside, the property provides significant future income growth in one of the City's most coveted locations. Nestled in the heart of the Marina district, 3324 Broderick presents a rare opportunity to acquire a well-maintained six-unit building in an enviable location.
Investment Highlights
- Classic six-unit apartment building in the Marina District.
- Six (6) spacious 2BR/1BA apartments + 694 sq/ft recreation studio with bath & kitchenette
- One block from Chestnut Street.
- New roof, updated electrical, seismically retrofitted
- Four units with in-unit laundry + owner-owned common laundry
- 2-Car Tandem Garage parking + five ground-floor storage rooms
- 2 blocks to Palace of Fine Arts and 4 blocks to the Marina Green
- 5.34% cap rate | 12.47 GRM