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Two Multifamily Properties For Sale
For Sale
$4,500,000

978 Page St, San Francisco, CA 94117

Two properties totaling 16 units, significant rent upside.

Property Size14,559 SF
Price / SF$309.09
Days on Market279

Property Features for 978 Page St

General Information

Standard status Active
Size 14,559 SF
Property subtype Multifamily

Building Details

Building Size 14,559 SF
Year Built 1900
Listing Agency:
Listed By: Ryan Abel · License #CalDRE #01465094
Source: Lee-associates
Added: Nov 26, 2025 Changed: Aug 22 Last Checked: Aug 31 at 3:48PM

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 Ryan Abel

Investment Insights

Based on property information with market context.

Two properties totaling 16 units are available for sale. One building, comprising 12 units, is situated on Divisadero in the NOPA neighborhood. The other property, consisting of 4 units, is located in Ingleside. The combined property size is 14559 square feet. Both properties are currently under a single Housing Assistance Payments (HAP) contract, and the seller prefers to sell them together. There is potential for rent increases. The HAP contract is set to expire at the end of September 2024, after which all Section 8 rents can be adjusted to market rates.

Key Highlights

  • Portfolio sale of 16 units across two properties.
  • Significant rental upside potential after HAP contract expires.
  • Existing HAP contract provides guaranteed income stream until September 2024.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Carpet & Flooring Store Mobile Phone Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,147
Businesses Nearby

Demographics for 94117, CA

38,451
Population
19,709
Households
2
Avg Household Size
36
Median Age
78%
College-Educated
96%
High-School Grad
1.3 sq mi
ZIP Area
29,578
Density / Sq Mi
$175,096
Median Household Income
$106,542
Median Earnings
$2,786
Median Rent
$1,641,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two properties totaling 16 units, significant rent upside.
Where is this apartment building located?
The property is located at 978 Page St San Francisco, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Portfolio sale of 16 units across two properties.; Significant rental upside potential after HAP contract expires.; Existing HAP contract provides guaranteed income stream until September 2024.
More about this property
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