Located on a quiet, tree-lined block just off Arguello Boulevard, 2 Hugo Street is a classic 1904 four-unit multifamily property in the heart of the Inner Sunset & Cole Valley border. The property sits on a 2, 374 SF lot and offers approximately 3, 000 square feet of living space across two stories plus a basement. The building 4 units with 2 units vacant. Consisting of three 1-bedroom / 1-bathroom units and one studio, complemented by three side-by-side garage parking spaces, basement storage rooms, and on-site shared laundry. The property features separately metered gas and electric, a concrete foundation, and a wood and brick exterior, providing a solid operational profile for long-term ownership. From an investment standpoint, the property offers significant income upside. Two units are currently vacant and projected at $3, 200/month market rent, while existing in-place rents remain well below market. Additional upside exists through parking optimization, with two parking spaces capable of generating market rents as well as laundry and utility reimbursement income. Situated moments from Cole Valley, Golden Gate Park, UCSF, transit lines, and neighborhood retail, 2 Hugo Street benefits from strong tenant demand, excellent walkability, and long-term appreciation fundamentals. This is an ideal opportunity for an investor seeking a value-add multifamily asset in a premier San Francisco location, or for an owner-user looking to combine lifestyle, income, and future upside.
