6-Unit Apartment Building with
For Sale
Contact for pricing
1100 Clay Street, San Francisco, CA 94108
Three studios and three one-bedroom units offer classic interiors, select fireplaces, and city views.
Property Size3,390 SF
Price / SF$619.47
Days on Market157
Property Features for 1100 Clay Street
General Information
Standard status
Active
Size
3,390 SF
Property subtype
Multifamily
Units
Unit Mix
3 x studio, 3 x 1BR
Multifamily Units
6
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Buildings
1
Units
6
Listing Agency:
Coldwell Banker Commercial NRT San Francisco
Listed By:
Kevin Caravelli · License #CA
Source:
Crexi
Added: Mar 27
Changed: Aug 30
Last Checked: Aug 30 at 3:02AM
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 Coldwell Banker Commercial NRT San Francisco
Investment Insights
Based on property information with market context.
Built in 1900, this 3,390-square-foot apartment building at 1100 Clay Street includes six residences arranged as three studios and three one-bedroom units. Interiors retain classic San Francisco character, with select fireplaces and city views among the property’s noted features.
The building is located in Nob Hill within a walkable setting surrounded by daily-needs retail, cafés, restaurants, and neighborhood services. Muni lines and cable car routes are nearby, while Powell Street provides access to BART. Downtown, Union Square, the Financial District, and the California Street employment corridor are also readily accessible from the property.
The unit mix provides a range of studio and one-bedroom layouts within a compact multifamily asset in central San Francisco.
The building is located in Nob Hill within a walkable setting surrounded by daily-needs retail, cafés, restaurants, and neighborhood services. Muni lines and cable car routes are nearby, while Powell Street provides access to BART. Downtown, Union Square, the Financial District, and the California Street employment corridor are also readily accessible from the property.
The unit mix provides a range of studio and one-bedroom layouts within a compact multifamily asset in central San Francisco.
Key Highlights
- 3,390‑square‑foot apartment building constructed in 1900
- Six units: three studios and three one‑bedrooms
- Classic San Francisco interiors with select fireplaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$110,063
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,201,260
$2.2M
Cap Rate 7%
$1,572,329
$1.6M
Cap Rate 9%
$1,222,922
$1.2M
Market Conditions
NOI Build-Up for 3,390 SF
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.
Gross rent
$213.6K $63.00/SF
− Vacancy
−$13.5K −$3.97/SF
EGI
$200.1K $59.03/SF
− OpEx
−$90.1K −$26.56/SF
NOI
$110.1K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,201,260
Cap Rate 7%
$1,572,329
Cap Rate 9%
$1,222,922
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.38M – $1.83M
NOI $110,063 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$16.56M
$14.49M – $19.32M
NOI $1,159,113 @ 7.0% cap · market cap 55.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
26,103
Businesses Nearby
Explore this area
Business Placement
Demographics for 94108, CA
13,097
Population
7,730
Households
1.7
Avg Household Size
42
Median Age
45%
College-Educated
76%
High-School Grad
0.3 sq mi
ZIP Area
43,657
Density / Sq Mi
$63,864
Median Household Income
$53,617
Median Earnings
$1,562
Median Rent
$1,207,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three studios and three one-bedroom units offer classic interiors, select fireplaces, and city views.
Where is this apartment building located?
The property is located at 1100 Clay Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3,390‑square‑foot apartment building constructed in 1900; Six units: three studios and three one‑bedrooms; Classic San Francisco interiors with select fireplaces
