A rare 5,000 SF two-story turn-of-the-century building in the heart of Downtown Redwood City the kind of historic mixed-use asset that defines the city's Main Street fabric and is no longer being built. Fully occupied across two ground-floor service-retail tenants (Angel Looks Studio Beauty Salon and Elevate Barber Lounge) and four upper-floor residential apartments generating rental income at close. Main Street frontage in one of the Peninsula's most active mixed-use corridors, walkable to the Redwood City Caltrain station, Sequoia Station's planned 700-unit redevelopment, and the Stanford in Redwood City / Oracle / EA / Box employment cluster.
Listed by MLSlistings Inc. / Listed By: Steve Belluomini, Corcoran Icon Properties
$1,300,000 (USD)
San Francisco Area Multi-Family
Active
738 Natoma Street San Francisco, CA 94103
Bed
0 Baths
4120 sqft
MLS# ML82045501
736 Natoma Street presents a rare opportunity to acquire a classic Victorian architecture triplex in the heart of South of Market (SoMa), one of San Francisco's most dynamic and evolving neighborhoods. Known for its proximity to major tech employers, transit hubs, and vibrant dining and nightlife, SoMa continues to attract a strong tenant base driven by convenience and urban lifestyle. Constructed in 1911, this well-maintained building features three spacious 2-bedroom, 1-bathroom units, each with similar, functional layouts. The property retains its original charm with period detailing throughout, including bay windows, decorative trim, formal dining rooms with built-ins, and traditional fireplaces features that continue to resonate with tenants seeking character alongside functionality. Recent capital improvements enhance the property's operational appeal, including new water heaters (2024), upgraded plumbing in select areas, a rebuilt lightwell with improved drainage, and updated kitchen and gas line improvements in select units. The property is separately metered for gas and electricity, allowing tenants to pay their own utilities and helping to minimize operating expenses.
Listed by MLSlistings Inc. / Listed By: Steve Belluomini, Corcoran Icon Properties