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$20,280,000ActiveDays on Market 53

574 3rd Street

San Francisco, CA 94107· South Beach

28 beds58,530 sqft$346/sqft

Key Details

Bedrooms

28

Square Feet

58,530

Year Built

1907

Stories

3

Lot Size

21,597 sqft (0.50 ac)

Type

Multi Family

About This Property

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...

Property Information

Property TypeMulti Family
Year Built1907
Stories3
Living Area58,530 sqft
Lot Size21,597 sqft (0.50 ac)
NeighborhoodSouth Beach
CountySan Francisco
ConditionFixer
LevelsThree Or More
Total Rooms106
Cross StreetBrannan Street
APN3776008
DisclosuresDisclosure Package Available
MLS#426151857
StatusActive
Days on Market53

Facts & Features

Interior

LaundryCoin Operated, Common Area

Exterior & Lot

ViewBay Bridge, City, City Lights, Downtown, Marina, Ocean, Park/Greenbelt, San Francisco
Lot FeaturesCurbs/Gutters, Sidewalk
Lot Size21,597 sqft (0.50 ac)

Utilities

SewerPublic Sewer
WaterPublic

Income Property

Units104
Units Leased95

Bedroom and bathroom counts are totals across all units.

Property History

DateEventPrice
Aug 4, 2026Listed$20,280,000

Getting Around

96

Walk

Walker's Paradise

100

Transit

Rider's Paradise

90

Bike

Biker's Paradise

Scores by Walk Score

Public Records

Assessed Value$944,562
Current Taxes (est.)$11,146 / yr
Taxes at This Price (est.)$239,304 / yr
Legal Units104
Assessor UseApartment 15 Units or more
Building Area (assessor)58,530 sqft
Lot (assessor)21,597 sqft
Year Built (assessor)1907
Flood ZoneFEMA Zone X (minimal hazard)

Sources: San Francisco Assessor-Recorder secured roll; FEMA National Flood Hazard Layer. Tax estimates use the citywide secured rate and exclude parcel taxes and exemptions.

Schools

Nearby Public Schools

Elementary (P-8)Carmichael (Bessie)/FEC · 0.7 mi
Elementary (P-5)Mission Bay Elementary · 0.7 mi
Middle (6-8)Francisco Middle · 1.9 mi
Middle (6-8)Everett Middle · 2.2 mi
High (9-12)Five Keys Independence HS (SF Sheriff's) (charter) · 0.4 mi
High (9-12)Life Learning Academy Charter (charter) · 0.8 mi

SFUSD enrollment is choice-based; schools shown by distance for reference, not assignment. Source: California Department of Education directory.

Location

Neighborhood: South Beach

Chris Chour

Chris Chour

Broker / Owner

EON Real Estate

Estimated payment

$128,208/mo

Principal & interest$108,266
Property taxes (est.)$19,942

30-yr fixed at 7.03% (Freddie Mac survey, 2026-09-24). Taxes estimated at the SF rate on this price. Estimate only, not a loan offer.

MLS# 426151857

Listed by Keith Manson, DRE #01490046 · Cushman & Wakefield

Data courtesy of SFAR MLS via Bridge Data Output. Information deemed reliable but not guaranteed.