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2317-2335 Market St 5 Unit Apartment Building $5,950,000 ($1,190,000/Unit) 6.18% Cap Rate San Francisco, CA 94114



EXECUTIVE SUMMARY
Excellent opportunity for investors to acquire a turnkey, mixed-use asset with significant income and upside potential. The spacious residential units and commercial spaces are fully rented. Separately metered for water, electric, and gas; tenants pay all utilities. The expansive lot offers potential for development, including the possibility of an ADU or other development in the rear yard (buyer to verify and confirm). Situated in the Upper Market Castro area, this property boasts a prime Market Street location with high visibility and foot traffic. The vibrant neighborhood is known for its eclectic mix of shops, restaurants, and cultural attractions, making it a sought-after destination for both residents and businesses. The five 3-bedroom residential units feature private entrances, abundant natural light, and high ceilings. Two units have been renovated and include a washer and dryer for greater tenant appeal. The five commercial units, including street-level retail, enjoy prime Market Street sidewalk frontage with high ceilings and large windows. With a Walk Score of 98, this property is a "Walker's Paradise," offering easy access to Castro Village, Castro Muni, and a wide range of amenities and public transportation options.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,950,000 | Property Subtype | Apartment |
| Price Per Unit | $1,190,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 6.18% | Building Size | 17,836 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1910/2002 |
| Zoning | UPMKT | ||
| Price | $5,950,000 |
| Price Per Unit | $1,190,000 |
| Sale Type | Investment |
| Cap Rate | 6.18% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.32 AC |
| Building Size | 17,836 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2002 |
| Zoning | UPMKT |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (92)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 3563-030 | Total Assessment | $6,343,142 (2025) |
| Land Assessment | $4,440,201 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,902,941 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
3563-030
Land Assessment
$4,440,201 (2025)
Improvements Assessment
$1,902,941 (2025)
Total Assessment
$6,343,142 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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2317-2335 Market St
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