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574 3rd Street, San Francisco, CA 94107

San Francisco
Local realty services provided by:CENTURY 21 Masters
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:55 day(s) ago
  • Updated:September 29, 2026 at 03:01 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
The information being provided by San Francisco Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the San Francisco Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by San Francisco Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. CABCREIS Member Broker: Romeo Aurelio

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