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33456804
33456800

508-512 Sanchez Street, San Francisco, CA 94114

BL
CA 01058500
Colliers - San Francisco, California
AE
01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California
$1,900,000
14 days on market
Updated 14 days ago

508-512 Sanchez Street

Details
APN 3584-003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,201
Units 4
Cap Rate 4.33%
NOI $82,364
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.43%
Pro-Forma NOI $141,243
Price per SqFt $594
Year Built 1900
Buildings 1
Stories 2
Lot Size (SqFt) 2,625
Zoning RH-3
Investment Type Stabilized

Multifamily | 4.33% CAP | 4 Units

Marketing description

508-512 Sanchez Street presents a rare opportunity to acquire a pride-of-ownership four-unit apartment building in San Francisco's highly desirable Castro/Eureka Valley neighborhood. Situated just moments from the vibrant Castro, Noe Valley, and Valencia Street retail corridors. The property enjoys a highly walkable location with convenient access to public transportation and major commuter routes, along with an abundance of grocery stores, renowned restaurants, neighborhood cafes, shopping, and distinctive local boutiques that contribute to the character and appeal of the surrounding neighborhood.

The property offers a desirable and diverse unit mix ranging from a studio to a three-bedroom residence, providing broad appeal to individuals, couples, roommates, and families.

Held under long-term family ownership, the property has benefited from decades of proactive maintenance and thoughtful capital improvements. Historically low tenant turnover, strong occupancy, and extensive system upgrades have created a stable and well-maintained asset with reduced near-term capital expenditure requirements.

Combining a highly walkable location, diverse unit mix, extensive capital improvements, attractive outdoor space, and strong tenant appeal, 508-512 Sanchez Street offers investors an exceptional opportunity for stable income, long-term appreciation, and future rental upside in one of San Francisco's most desirable and supply-constrained rental markets.

Investment highlights

  • Quiet residential street
  • Convenient access to Castro, Noe Valley, Mission Dolores, Duboce Triangle, Haight-Ashbury, Upper Market, and the Valencia Corridor
  • Electrical upgrades, electrical submetering system, and separately metered utilities
  • Fire sprinkler system serving the ADU
  • Upgraded water service infrastructure and meter supporting the fire sprinkler system
  • Some seismic improvements completed around 1988
  • SB721 Balcony Inspection and Section 604 inspection compliants
  • Updated kitchens and bathrooms
  • Classic San Francisco architecture combined with modern updates
  • Private outdoor space for select units

Listing Contacts

BL
CA 01058500
Colliers - San Francisco, California
AE
01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$82,364.00
$6,863.67/mo

Valuation Metrics

0
DSCR
4.33%
Cap Rate
4.33%
ROI

Map

Zoning

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RH-3-40-X ResidentialMulti FamilyResidential House Three Family
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Last updated Jun 10, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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