For Sale
$4,475,000

813 Oak St San Francisco, CA 94117

4-Unit Townhouse, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 4-unit apartment building, located at 813 Oak St, San Francisco, CA 94117, presents a compelling value-add investment opportunity. Built in 1900 and extensively renovated in 2021, this Class A property boasts 6,925 square feet of net rentable space across three stories. The building features four uniquely sized units: one 7-bedroom/3-bathroom, one 6-bedroom/3-bathroom, one 5-bedroom/3-bathroom, and one 2-bedroom/1-bathroom unit, ensuring diverse income streams and mitigating risk. Each unit benefits from modern finishes and features. Outdoor amenities include private backyards with patios and BBQs, enhancing tenant satisfaction and attracting premium rents. The property sits on a 3,049 square foot lot and enjoys a Walk Score of 96 and a Bike Score of 98, reflecting its highly desirable location within San Francisco's Oak Street corridor. Currently 100% occupied, this turnkey investment generates a pro-forma NOI of $350,111, representing a 7.82% pro-forma cap rate. The asking price is $4,475,000, or $1,118,750 per unit, and $646.21 per square foot. Convenient street parking is readily available. The property is zoned RM-1 and its APN is 0844-035. This is a rare opportunity to acquire a fully occupied, high-performing multifamily asset in a prime San Francisco location. The combination of strong rental income, low maintenance, and significant upside potential makes this an ideal investment for discerning buyers.

Highlights

  • High-demand San Francisco location with Walk Score® 96 and Bike Score® 98.
  • Four-unit building with diverse layouts (7/3, 6/3, 5/3, and 2/1 bedrooms) providing resilient income streams.
  • Brand-new construction (2021 renovation) minimizes maintenance and maximizes rental income.
  • Private backyards with patios and BBQs enhance tenant satisfaction and command premium rents.
  • Convenient street parking is readily available.
  • Fully occupied, generating immediate income with no vacancy risk.

Property Details for 813 Oak St

Property type
Apartment buildings
Square Feet
6,925 SF
Class
A
Year Built/Renovated
1900/2021
Buildings
1
Stories
3
Units
4

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7736277
Longitude
-122.4327815
813 Oak St, San Francisco, California

FAQs

What type of property is this?
Apartment building - 4-Unit Townhouse, Prime Location
Where is the apartment building located?
The property is located at 813 Oak St San Francisco, CA.
What is the asking price?
The asking price for this property is $4,475,000.
What are key features of this property?
This property features: High-demand San Francisco location with Walk Score® 96 and Bike Score® 98.; Four-unit building with diverse layouts (7/3, 6/3, 5/3, and 2/1 bedrooms) providing resilient income streams.; Brand-new construction (2021 renovation) minimizes maintenance and maximizes rental income.
How can I contact the broker?
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813 Oak St
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