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3763-3767 Cesar Chavez 9 Unit Apartment Building $3,500,000 ($388,889/Unit) 5.56% Cap Rate San Francisco, CA 94110



INVESTMENT HIGHLIGHTS
- Charming Noe Valley Location
- Extensive Recent Upgrades
- New Electric Heat Pump Water Heaters
- Seven One-Bedroom & Two Studio Units
- New Mini-Split Electric HVACs
- Separately Metered Electric
EXECUTIVE SUMMARY
3763–3767 Cesar Chavez is a nine-unit multifamily property located on a quiet block in San Francisco’s Noe
Valley, between Dolores and Guerrero Streets. Constructed in 1911, the front building includes six one-bedroom
units and two modern studios on the ground level. A separate rear cottage features an additional one-bedroom
unit with updated amenities.
The property has undergone extensive renovations in recent years. Upgrades include new electric heat pump
water heaters for all units (2017 and 2024), a new 400 AMP master electrical service (2023), fire alarm upgrade
(2023), new ground floor fire sprinklers (2023), new rear stair landings (2023), and a new roof (2022). Many units
have new windows (2017 and 2025) and almost all appliances have been updated. The ground level studios
and rear cottage were added through San Francisco’s ADU program in 2024. The soft story retrofit was originally
completed in 2015 and further upgraded during the ADU construction in 2024.
Each unit is heated and cooled by mini split electric HVAC systems (2023 and 2024). The building is all electric
with no gas service, and units are separately metered. Units 3763C and 3763D share a master metered electric
water heater.
Ideally situated at the crossroads of Noe Valley, the Mission, and Bernal Heights, the property offers quick access
to the shops, cafes, and restaurants of all three neighborhoods. The location provides convenient access to nearby
parks, public transportation, and Highways 101, 280, and 80.
This is an exceptional opportunity to acquire a well-located multifamily property that has benefited from significant
upgrades and renovations in recent years.
Valley, between Dolores and Guerrero Streets. Constructed in 1911, the front building includes six one-bedroom
units and two modern studios on the ground level. A separate rear cottage features an additional one-bedroom
unit with updated amenities.
The property has undergone extensive renovations in recent years. Upgrades include new electric heat pump
water heaters for all units (2017 and 2024), a new 400 AMP master electrical service (2023), fire alarm upgrade
(2023), new ground floor fire sprinklers (2023), new rear stair landings (2023), and a new roof (2022). Many units
have new windows (2017 and 2025) and almost all appliances have been updated. The ground level studios
and rear cottage were added through San Francisco’s ADU program in 2024. The soft story retrofit was originally
completed in 2015 and further upgraded during the ADU construction in 2024.
Each unit is heated and cooled by mini split electric HVAC systems (2023 and 2024). The building is all electric
with no gas service, and units are separately metered. Units 3763C and 3763D share a master metered electric
water heater.
Ideally situated at the crossroads of Noe Valley, the Mission, and Bernal Heights, the property offers quick access
to the shops, cafes, and restaurants of all three neighborhoods. The location provides convenient access to nearby
parks, public transportation, and Highways 101, 280, and 80.
This is an exceptional opportunity to acquire a well-located multifamily property that has benefited from significant
upgrades and renovations in recent years.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 | $3,500,000 | Property Subtype | Apartment |
| Price Per Unit | $388,889 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.56% | Lot Size | 0.08 AC |
| Gross Rent Multiplier | 12.1 | Building Size | 6,810 SF |
| No. Units | 9 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1911 |
| Zoning | RH2 | ||
| Price | $3,500,000 |
| Price Per Unit | $388,889 |
| Sale Type | Investment |
| Cap Rate | 5.56% |
| Gross Rent Multiplier | 12.1 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 6,810 SF |
| No. Stories | 4 |
| Year Built | 1911 |
| Zoning | RH2 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
SITE AMENITIES
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| Studios | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (82)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 6577-032 | Total Assessment | $3,015,831 |
| Land Assessment | $2,071,644 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $942,507 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
6577-032
Land Assessment
$2,071,644
Improvements Assessment
$942,507
Total Assessment
$3,015,831
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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3763-3767 Cesar Chavez
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