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32781871
32781872

1821 Oak St., San Francisco, CA 94117

MJ
CA 01370461
Engel & Volkers Commercial - Pacific West Advisory Group
Listed by Engel & Volkers Commercial - Pacific West Advisory Group
$2,200,000
15 days on market
Updated 15 days ago

1821 Oak St.

Details
APN 1225-035
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,457
Units 5
Cap Rate 4.70%
NOI $103,194
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.60%
Pro-Forma NOI $166,632
Price per SqFt $494
Year Built 1900
Stories 3
Lot Size (SqFt) 3,436
Zoning RM-2
Parking Spaces 1 spaces
Parking Per SqFt 0.22
Investment Type Stabilized

Multifamily | 5 Unit | $2,200,000/unit

Marketing description

1821 Oak Street is a well-maintained five-unit apartment building located in the heart of San Francisco's sought-after NOPA neighborhood. The property consists of three spacious 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio apartment totaling approximately 4,457 square feet. Fully occupied and professionally managed, the building offers stable in-place income with attractive future rental upside potential.

The property has benefited from extensive system and capital improvements including completed earthquake retrofit work, updated electrical systems, and separate gas and electric metering for each unit. Several apartments have been remodeled with updated kitchens and baths while maintaining bright, spacious, and functional layouts.

A large landscaped rear yard provides an uncommon outdoor amenity for tenants, including direct access from the expansive ground-floor flat. Additional features include a large one-car garage and dedicated tenant storage areas. Clean, well cared for, and thoughtfully maintained, 1821 Oak Street presents an exceptional opportunity to acquire a pride-of-ownership multifamily asset in one of San Francisco's most desirable rental locations.

1821 Oak Street is ideally situated in San Francisco's vibrant NOPA district, just steps from the Panhandle and within close proximity to Golden Gate Park. The neighborhood is known for its blend of classic San Francisco architecture, walkable streets, and strong tenant demand.

Residents enjoy convenient access to popular neighborhood cafes, restaurants, grocery stores, and retail along Divisadero Street and nearby Haight Street. The property also benefits from excellent public transportation options and easy connectivity to Downtown San Francisco, UCSF, and major commuter routes.

With its central location, abundant outdoor amenities, and enduring neighborhood appeal, NOPA continues to be one of San Francisco's most desirable residential rental markets.

Investment highlights

  • Five-unit apartment building totaling approx. 4,457 SF
  • Unit mix: Three 2Br/1Ba, One 1Br/1Ba & One Studio
  • Fully occupied with strong rental upside potential
  • Earthquake retrofit completed & electrical systems updated
  • Separately metered for gas & electric
  • Select remodeled kitchens and baths
  • Large landscaped backyard with direct access from ground-floor flat
  • Large one-car garage, tenant storage & professional management

Listing Contacts

MJ
CA 01370461
Engel & Volkers Commercial - Pacific West Advisory Group
Listed by Engel & Volkers Commercial - Pacific West Advisory Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$103,194.30
$8,599.53/mo

Valuation Metrics

0
DSCR
4.69%
Cap Rate
4.69%
ROI

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