Six-Unit Apartment
3351 Cesar Chavez San Francisco, CA 94110
3351 Cesar Chavez, San Francisco, CA, 94110
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For Sale
Contact for pricing
Pending
Six-unit multifamily building with separately metered gas and electricity and parking in a large garage.
Property Size4,050 SF
Days on Market893
Property Features for 3351 Cesar Chavez
General Information
- Standard status
- Pending
- Size
- 4,050 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agency
Coldwell Banker Commercial NRT San Francisco
Listed by
Dan McGue · License #CA
Source
Crexi
Added: Feb 10, 2024 Updated: Jul 21 at 12:54AM Checked: Jul 22 at 4:17AM
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.
3351 Cesar Chavez is a 6-unit apartment building featuring an open concept layout across its unit mix of five one-bedroom apartments and one studio. The building has large kitchens and living areas, along with separate heat. All units are separately metered for gas and electricity, supporting independent utility management.
The property includes a large garage with six parking spaces, including one in a private garage, along with ample storage. The building is positioned in San Francisco’s Bernal Heights District, with proximity to Mission Dolores Park, nearby shops and restaurants, and access to public transit via MUNI bus lines and BART.
The offering includes a practical mix of unit sizes for a residential income property, supported by on-site parking and separately metered utilities.
The property includes a large garage with six parking spaces, including one in a private garage, along with ample storage. The building is positioned in San Francisco’s Bernal Heights District, with proximity to Mission Dolores Park, nearby shops and restaurants, and access to public transit via MUNI bus lines and BART.
The offering includes a practical mix of unit sizes for a residential income property, supported by on-site parking and separately metered utilities.
Key Highlights
- 6‑unit multifamily building built in 1961 with a mix of 5 one‑bedroom apartments and 1 studio
- 4,050 SF building with open floorplans, including large kitchens and living areas
- All units are separately metered for gas and electricity, with separate heat
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 | $243.0k | $60.00 |
| − Vacancy | −$15.3k | −$3.78 |
| EGI | $227.7k | $56.22 |
| − OpEx | −$102.5k | −$25.30 |
| NOI | $125.2k | $30.92 |
4,050 SF · lease $60.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.79M
$1.57M – $2.09M
NOI $125,230 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$19.78M
$17.31M – $23.08M
NOI $1,384,781 @ 7.0% cap · market cap 98.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit multifamily building with separately metered gas and electricity and parking in a large garage.
Where is this apartment building located?
The property is located at 3351 Cesar Chavez San Francisco, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 6‑unit multifamily building built in 1961 with a mix of 5 one‑bedroom apartments and 1 studio; 4,050 SF building with open floorplans, including large kitchens and living areas; All units are separately metered for gas and electricity, with separate heat
