$3,900,000

344 Ellis Street presents the opportunity to acquire a 30-unit apartment building in San Francisco's Tenderloin neighborhood. Constructed in 1910, the property encompasses approximately 13,685 square feet and is comprised entirely of studio apartments, offering an efficient unit mix in a central San Francisco location. The apartments feature a blend of original character and functional finishes, including softwood and manufactured hardwood flooring, generous closet space, and ample natural light. Kitchens include gas stoves and ovens, original or newer wood cabinetry, over-under refrigerators, and linoleum or granite countertops. Bathrooms feature tub-and-shower combinations, vinyl tile flooring, wall-hung sinks, and mirrored cabinet vanities. Residents benefit from elevator access, a secure DKS entry and intercom system, two on-site laundry machines, and a centralized trash chute system. Additional building features include separately metered electrical service, electric wall heaters, a sprinkler system, and concrete-and-steel construction. A new modified bitumen roof was completed in 2025. The property is not included on the City of San Francisco's Soft-Story Building List. Located near Union Square, Downtown, Nob Hill, and the Civic Center, 344 Ellis Street provides convenient access to a wide variety of dining, shopping, entertainment, and employment destinations. Nearby Muni routes and the Powell Street BART and Muni Metro Station provide connections throughout San Francisco and the greater Bay Area. The property's substantial scale, studio unit mix, and central location present a compelling opportunity to acquire a well-located multifamily asset.