574 3rd Street, San Francisco, CA 94107

San Francisco
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
574 3rd Street,San Francisco, CA 94107
$20,280,000
  • 28 Beds
  • - Baths
  • 58,530 sq. ft.
  • Multi-family
  • Active
Listed by: keith manson, zach w greenwood
Office: cushman & wakefield
MLS#:426151857
Source:CABCREIS

Price summary

  • Price:$20,280,000
  • Price per sq. ft.:$346.49

About this home

The Central Apartments is a 1907 vintage, 104-unit apartment community located in the South of Market District (SoMa) of San Francisco, California. The asset offers a rare convergence of an attractive entry basis far below replacement cost ($195,000 per unit), embedded NOI upside, and durable market fundamentals in the nation's leading rent growth market, positioning it to deliver outsized, risk-adjusted returns. As San Francisco continues to solidify its position as the global epicenter for artificial intelligence and technology growth, SoMa remains the focal point for high-wage tech talent, driving robust, long-term demand for well-connected housing. The Property offers a unique blend of historic charm and modern conveniences with an efficient mix of 78 studios, 24 one-bedroom units, and 2 two-bedroom units. Representing one of the largest vintage apartment communities in SoMa, The Central Apartments provides extraordinary rental income and operational upside potential. Connectivity...

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Home facts

  • Year built:1907
  • Listing ID #:426151857
  • Added:1 day(s) ago
  • Updated:August 06, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:28
  • Rooms Total:106
  • Basement Description:Full
  • Living area:58,530 sq. ft.

Structure and exterior

  • Year built:1907
  • Building area:58,530 sq. ft.
  • Lot area:0.5 Acres
  • Lot Features:Curbs/Gutters, Sidewalk
  • Levels:3 Stories or More

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$20,280,000
  • Price per sq. ft.:$346.49

Features and amenities

  • Laundry features:Coin Operated Laundry, Common Area
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