For Sale
$2,398,000

674-678 Haight StSan Francisco, CA 94117

Five-unit building, prime Lower Haight location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5-unit multifamily investment property, located at 674-678 Haight Street in San Francisco's vibrant Lower Haight neighborhood, presents a compelling opportunity. The building, constructed in 1890 and renovated in 2015, boasts a total of 5,560 square feet across three stories and sits on a 2,750 square foot lot. The property features a mix of residential and commercial space, including one commercial/retail unit, one 2-bedroom/1-bathroom unit, and three 3-bedroom/1-bathroom units. The asking price is $2,398,000, representing a price per unit of $479,600 and a price per square foot of $431.29. The property's strong financial performance is reflected in its stabilized investment type, a Net Operating Income (NOI) of $162,555, and a 6.78% capitalization rate. Situated in the desirable Lower Haight, between Haight-Ashbury and the Civic Center, this property benefits from its proximity to diverse dining, shopping, and entertainment options. The area is known for its historic architecture, vibrant culture, and convenient access to public transportation. The property is zoned NC1 and its Assesor's Parcel Number (APN) is 0847-018. This is a rare opportunity to acquire a well-maintained, income-producing property in one of San Francisco's most sought-after neighborhoods.

Highlights

  • Exceptional 5-unit multifamily investment property in San Francisco's Lower Haight neighborhood.
  • $2,398,000 asking price, $479,600 per unit, $431.29 per square foot.
  • 5,560 square feet on a 2,750 square foot lot; 1 commercial/retail unit, 1 two-bedroom/one-bathroom unit, and 3 three-bedroom/one-bathroom units.
  • Strong financials: $162,555 NOI, 6.78% cap rate.
  • Built in 1890, renovated in 2015; zoned NC1, APN 0847-018.

Property Details for 674-678 Haight St

Property type
Apartment buildings
Square Feet
5,560 SF
Year Built/Renovated
1890/2015
Stories
3
Units
5

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.771984
Longitude
-122.433367
674-678 Haight St, San Francisco, California

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674-678 Haight St
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