738 Natoma Street

Description

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.