Richmond District Multifamily Investment
1003-1011 Anza Street San Francisco, CA 94118
1003-1011 Anza Street, San Francisco, CA, 94118
$2,395,000
For Sale
$2,395,000
Five-unit building in San Francisco's Richmond District, never before listed.
Property Size5,150 SF
Price / SF$465.05
Days on Market100
Property Features for 1003-1011 Anza Street
General Information
- Standard status
- Active
- Size
- 5,150 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1916
Listing Agency
TAYLOR PROPERTIES
(650) 322-4433
Listed by
ROBERT TAYLOR
Source
Corcoran
Added: Apr 9 Checked: Jul 17 at 3:29 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TAYLOR PROPERTIES
Investment Insights
Based on property information with market context.
Located in San Francisco's Richmond District, this multi-family building presents an investment opportunity. Constructed in 1916, the property contains 5 units, each featuring 2 bedrooms and 1 bathroom. The building has undergone earthquake retrofitting, kitchen and bathroom remodels, and features a newer roof. Situated across from Rossi Park, the location provides access to green spaces and recreational facilities. The property includes a two-car street-level garage with additional storage space, and a separate laundry room. Each unit has a private entrance, and the ground-floor unit includes a private backyard. The property size is 5150 square feet.
Key Highlights
- Multi‑family building with 5 units (2 bedrooms, 1 bathroom each) in San Francisco's Richmond District.
- Turnkey investment opportunity with earthquake retrofitting, kitchen/bathroom remodels, and newer roof.
- Never before on the market, a unique find with timeless charm.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $324.5k | $63.00 |
| − Vacancy | −$20.4k | −$3.97 |
| EGI | $304.0k | $59.03 |
| − OpEx | −$136.8k | −$26.56 |
| NOI | $167.2k | $32.47 |
5,150 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.39M
$2.09M – $2.79M
NOI $167,205 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$25.16M
$22.01M – $29.35M
NOI $1,760,894 @ 7.0% cap · market cap 73.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Five-unit building in San Francisco's Richmond District, never before listed.
Where is this apartment building located?
The property is located at 1003-1011 Anza Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Multi‑family building with 5 units (2 bedrooms, 1 bathroom each) in San Francisco's Richmond District.; **Turnkey investment opportunity with earthquake retrofitting, kitchen/bathroom remodels, and newer roof.**; Never before on the market, a unique find with timeless charm.