574 3rd St, San Francisco, CA 94107
Property image
Property image
FOR SALE
0.5 ACRES

$20,280,000

  • 28 Beds
  • 58,530 sqft (on 0.50 acres)

574 3rd St, San Francisco, CA 94107

South of Market
Est. Mortgage $127,787/mo*
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Home Highlights

Multi-Family
Built in 1907
0.5 acre lot
$346/sqft

Local Information

  • Map ViewExplore the area around 574 3rd St.
  • Schools1 Elementary School3 Middle Schools14 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Historic charmModern conveniences
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 across the entire Bay Area is seamless via all major modes of transportation: CalTrain (San Francisco Station - 7 min walk), Muni (4th & Brannan - 3 min walk), BART (Montgomery Station - 19 min walk), SFMTA bus stops (3rd & Brannan - 3 min walk), San Francisco Ferry System (Pier 40 - 10 min walk), and immediate freeway access (I-80 - 4 min drive). The Property is exceptionally walkable to SoMa's top attractions and employment hubs, including South Park, Oracle Park, The Embarcadero, the Financial District, Salesforce Park and Transit Center, Mission Rock, Chase Center & Thrive City, Crane Cove Park, the Ferry Building, and the Moscone Center. With the high cost of homeownership across San Francisco reinforcing a deep, persistent renter pool, The Central Apartments is ideally positioned to capture durable occupancy and long-term rent growth.
Last check for updates: about 3 hours ago
Listing courtesy of Keith Manson DRE #01490046, (415) 773-3592
Cushman & Wakefield, (213) 629-6510
Zachary Wayne Greenwood DRE #01960296, (415) 714-4825
Cushman & Wakefield, (213) 629-6510
Originating MLS: San Francisco Association of REALTORS
Source: SFAR, MLS#426151857
Also Listed on SFAR.

Home Details for 574 3rd St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 106
Beds & Baths
Number of Bedrooms: 28
Dimensions and Layout
Living Area: 58530 Square Feet
Appliances & Utilities
Laundry: Coin Operated,Common Area
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or More
View
Has a ViewView: Bay Bridge, City, City Lights, Downtown, Marina, Ocean, Park/Greenbelt, San Francisco

Exterior Features

Parking & Garage
No CarportNo GarageNo Open Parking
Water & Sewer
Sewer: Public Sewer
Farm & Range
Does Not Include Irrigation Water Rights
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 6Days on Market: 51

Property Information

Year Built
Year Built: 1907
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New Construction
Property Information
Condition: FixerParcel Number: 3776008

Price & Status

Price
List Price: $20,280,000Price Per Sqft: $346
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: San Francisco

Agent Information

Listing Agent
Listing ID: 426151857

Building

Building Area
Building Area: 58530 Square Feet

Community

Number Of Vacant Units: 8

HOA

Association for this Listing: San Francisco Association of REALTORSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.50 acres

Documents

Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing Info

Special Conditions: Standard

Rental Terms, Policies & Fees

Are Units Furnished: None

Miscellaneous

BasementMls Number: 426151857Water ViewWater View: OceanShowing Advance Notice: 24

Additional Information

Source Internet Entire Listing Display

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South of Market

At least 326 Trulia users voted on each feature.
  • 88 % Say there are sidewalks

  • 84 % Say it's dog friendly

  • 82 % Say it's walkable to grocery stores

  • 81 % Say it's walkable to restaurants

  • 60 % Say streets are well-lit

  • 46 % Say people would walk alone at night

  • 43 % Say there's holiday spirit

  • 39 % Say neighbors are friendly

  • 37 % Say parking is easy

  • 33 % Say they plan to stay for at least 5 years

  • 29 % Say there are community events

  • 28 % Say it's quiet

  • 27 % Say car is needed

  • 20 % Say yards are well-kept

  • 20 % Say there's wildlife

  • 16 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Dg30
    "we love civic center city cultural events and Hayes Valley "
  • Trulia User
    "This is a great neighborhood with a lot of vibrant activities. Close to public transportation and schools."
  • Al
    "This corner is consistently problematic. Late at night, large groups tend to gather there for reasons that aren’t always clear, and it creates an uncomfortable atmosphere for people who live nearby. The noise, activity, and frequent traffic make the area feel disruptive and sometimes unsafe. It seems to happen almost every night, with cars stopping, people lingering, and conversations carrying on well past normal quiet hours. For residents trying to rest or simply enjoy some peace, the situation becomes frustrating. Something about this particular corner seems to attract gatherings, and it would be helpful if there were better monitoring, enforcement, or solutions to reduce the late-night disturbances.Dont pay a over 3k"
  • Al.bladesco.op
    "This corner is consistently problematic. Late at night, large groups tend to gather there for reasons that aren’t always clear, and it creates an uncomfortable atmosphere for people who live nearby. The noise, activity, and frequent traffic make the area feel disruptive and sometimes unsafe. It seems to happen almost every night, with cars stopping, people lingering, and conversations carrying on well past normal quiet hours. For residents trying to rest or simply enjoy some peace, the situation becomes frustrating. Something about this particular corner seems to attract gatherings, and it would be helpful if there were better monitoring, enforcement, or solutions to reduce the late-night disturbances. don't pay high "
  • John Banner
    "The Up Yours Dore Alley fair and the San Francisco Folsom Street fair draw big crowds and are crowd pleasers"
  • Trulia User
    "it's close to/in the middle of everything, even if only via transit. everything you need is fairly accessible"
  • Trulia User
    "it's very close to all and majority of tourist attractions. people are actually kind of friendly coffee is easy to get to and there are multiple daycares around"
  • Trulia User
    "Most owners don't keep their dogs on leash. They aren't mindful of others who don't approve of dogs jumping on them. Most pick up after themselves which is not the case everywhere. "
  • Trulia User
    "Seasonal neighborhood festivals and community market events for people of all ages. I like multiple small venue stores that keeps the culture alive."
  • Trulia User
    "This is a primarily adult neighborhood and should understand the area and not demand change and having gotten to know the area."
  • Trulia User
    "Soma Asian festival and street market fair. They are fun and inviting, you get to know the people who you live around."
  • Trulia User
    "The neighborhood has high prices for only a bit better than the tenderloin levels of cleanliness. Lots of dog waste covering the sidewalks, every day people are strung out in the middle of the path, but hey at least Safeway is close. "
  • Trulia User
    "Easy access to public transit. Cal train and Muni Metro very close. Easy access to leaving the city as well. "
  • Trulia User
    "This neighborhood is one of our flourishing new constructed neighborhoods to visit in San Francisco California."
  • Trulia User
    "There really aren’t any community events that happen in this neighborhood. Market street could use some love getting cleaned up in this area"
  • Wallis.sholar
    "Buildings are dog-friendly. Everyone respects and is kind to dogs and their owners. Dog owners here are very responsible."
  • Adam P.
    "Commute is amazing whether I’m going to South bay or downtown. It’s easy to get on the highway or Caltrain "
  • Michael T. C.
    "Excellent for commuting, close to everything by foot, but relatively high homeless population in parts of the neighborhood."
  • Simeon M.
    "Dogs poop and humans poop on sidewalks sometimes. That is something to think about when you’re choosing a home."
  • Michael M.
    "I walk to work because it is only a 15 minute journey. Although there is plenty of public transportation nearby."
  • Matt B.
    "Yerba Buena is great area. 199 New Montgomery is perfect location and nice building and staff! Highly recommend this building and area. Great park and close to Transbay Center as well as Target, Trader Joes, Amc and more. "
  • Meaghan Y.
    "I've lived here for 8 years, very walkable to grocery stores, walgreens and restaurants. Its about a 10 minute walk to Market street and I have walked to the mall a number of times. Many bus routes converge here and the Cal- Train make it a transit hub. Looking forward to the central subway being finished soon! It is also sunnier & warmer than many other neighborhoods. Yes, there are homeless people everywhere, however this seems pervasive throughout SF"
  • Darien M.
    "Lots of dogs everywhere. Handful of dog parks walking distance as well. People pick up behind their pets for the most part."
  • Freddierick M.
    "Near public transportation, near SF retail stores, center of the city. A lot of food restaurants nearby "
  • Alexandre K.
    "I really like SOMA, it’s close to everything, the only thing that you should do is avoid 6th with Mina to market st. "
  • Jeffandmrlstoker
    "Walking is easiest because parking is hard! Close to BART and Cal-Train, which makes commuting very easy. Walkable to financial district. "
  • Jeffandmrlstoker
    "Walking is best though never at night . Lots of car and bike traffic through this area. Public transportation is easy too with Bart stations and bus stops close "
  • Resident
    "This is not a great area for kids. I’d always taken extra caution walking around, esp. with kids. Lots of homeless people, drugs and poop on the street. Stay away from 6th street and civic center areas."
  • Kbantypas
    "The neighborhood is great for toddlers. You can walk to many parks and museums. Easy access to transit to go out to the zoo. Easy walk to the exploratorium, creativity museum."
  • Myles C.
    "I have a 12 minute walk to work. I don’t feel safe walking to work in certain parts of the area. The streets are very dirty and the air quality is not good. "
  • Sean M.
    "10 minute walk to BART along 3rd street and then Market. My office is in Oakland so it is very simple and easy"
  • Alyssascs
    "Not a lot of trash cans but plenty of sidewalks to walk a dog on. I don’t think there are many parks around either to take a dog to. "
  • Kimia.nassehi
    "Unsafe Dirty A huge mess Not really close to bars or embarcadero I would advise not living here specially if you have children "
  • Justinlsilvera
    "There is not much for education in the neighborhood. With influx of more people living in SoMa space was never accounted for to build that sector here"
  • Tuyet C.
    "Not a great neighborhood for raising children. Lots of homeless people and mostly small apartment buildings. "
  • Carlos J.
    "Dog friendly neighborhood. Many people have dogs in my building. Very concrete area but small parks a few blocks away. City keeps neighborhood clean and dog owners are good about cleaning up after dogs."
  • SoMa
    "It’s generally dangerous to walk outside at night, or on particular blocks. Not many dog parks, lots of pills and needles for your dog to find on the sidewalks."
  • Boris K.
    "It's quiet and seems relatively safe. There's a lot of nature throughout the neighborhood, with lots of parks"
  • Boris K.
    "It's quiet and seems relatively safe. There's a lot of nature throughout the neighborhood, with lots of play grounds."
  • H. E. Y.
    "Def big city living, things are close by and you can normally get to know some of the folks on your floor in your building. Transport options can’t be beat; parking is hella expensive!"

Market trends in South of Market

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$952K
$157K
MoM
Sale-to-List Price
—
Price per sq ft
$913
$10
MoM
Available listings
94
7
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.80
Multi-Family Home
$19,000,000
07/21/26
30
-
39,339
0.40
Multi-Family Home
$3,200,000
11/13/25
30
-
9,810
1.05
Multi-Family Home
$9,225,000
05/13/26
19
-
37,796
0.03
Multi-Family Home
$1,250,000
10/31/25
2
2
2,100
0.51
Multi-Family Home
$1,840,000
04/01/26
12
5
4,089
0.65
Multi-Family Home
$2,000,000
06/05/26
9
-
8,127
1.34
Multi-Family Home
$6,400,000
05/15/26
27
-
22,310
1.02
Multi-Family Home
$15,150,000
01/26/26
-
46,919
1.18
Multi-Family Home
$4,000,000
02/27/26
30
3
11,816

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$1,515,300
2
2
2,100
Off Market
0.05
$1,387,500
3
2.5
1,410
Recently Sold
0.05
$1,169,100
2
2
1,232
Off Market
0.05
$1,365,000
2
2.5
1,578
Recently Sold
0.10
$1,084,600
1
1
1,057
Off Market
0.10
$580,100
1
1
-
Off Market
0.10
$580,100
1
1.5
-
Off Market
0.10
$1,682,900
2
2
1,416
Off Market
0.10
$650,000
1
1
698
Recently Sold
0.10
$1,050,000
2
2
1,019
Recently Sold
0.10
$678,000
1
1
681
Recently Sold

Price and Tax history

DateEventPrice
Aug 4, 2026
Source: SFAR #426151857
Listed For Sale
$20,280,000

LGBTQ Local Legal Protections

Keith Manson, Cushman & Wakefield, (213) 629-6510
Agent Phone: (415) 773-3592
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 574 3rd St

  • What is the estimated monthly payment for 574 3rd St?
    Based on a $20,280,000 list price with 20% down at today's rates, the estimated monthly payment for 574 3rd St in San Francisco, CA is approximately $131,163 (about $111,315 principal & interest, $19,773 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 574 3rd St compare to homes in San Francisco?
    574 3rd St in San Francisco, CA is listed at $20,280,000, about 2031% above the $952K median sale price in San Francisco.
  • What do residents say about the South of Market neighborhood?
    Residents describe the South of Market neighborhood in San Francisco, CA as pedestrian-friendly, dog-friendly, and walkable to grocery stores. See homes for sale in South of Market, San Francisco.
  • What are the closest schools to 574 3rd St?
    The closest schools to 574 3rd St in San Francisco, CA are Academy (The)- SF @Mcateer (High, rated 7/10), Asawa (Ruth) San Francisco School Of The Arts, A Public School. (High, rated 10/10), Balboa High School (rated 8/10).
  • Does 574 3rd St have laundry facilities?
    Yes, 574 3rd St in San Francisco, CA has laundry facilities.
574 3rd St, San Francisco, CA 94107 is a 28 bedroom, 58,530 sqft multi-family built in 1907. 574 3rd St is located in South of Market, San Francisco. This property is currently available for sale and was listed by SFAR on Aug 4, 2026. The MLS # for this home is MLS# 426151857.