537 Hyde St San Francisco, CA 94109-7278
- Apartment buildings
- 11,748 SF
- 0.12 lot acres
Aug 08, 2024
Current Use by Public Records
- French Lessons for All / French Language School
Property Details for 537 Hyde St
- Year built
- 1923
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 11,748 SF
- Zone code
- RC4
- Property type
- Apartment buildings
- APN
- 0320 -002
- APU
- 320002
Description
Exceptional investment opportunity in San Francisco's vibrant Tenderloin neighborhood. This well-maintained 1923 apartment building at 537 Hyde Street boasts 16 units: seven one-bedroom/one-bathroom apartments and nine studio units. The property encompasses approximately 11,748 square feet on a 5,153 square foot lot, zoned RC-4. The building offers a compelling 6.5% cap rate, generating a net operating income (NOI) of $193,626. The property features on-site laundry facilities and a sizable, well-maintained outdoor area for tenant use. Its prime location provides easy access to public transportation and numerous amenities, ensuring high tenant demand and strong rental income. The building's strong cash flow, coupled with potential for value enhancement through upgrades and rent increases, presents a significant return on investment. The property's financial performance is further highlighted by a Gross Scheduled Income of $341,630 and a Gross Rent Multiplier (GRM) of 8.8. This is a rare opportunity to acquire a well-positioned multifamily asset in a high-demand San Francisco location. APN: 0320-002. Asking price: $3,000,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $170,000
- ML approach
- $170,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.417
- Latitude
- 37.7859
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
