11-Unit Apartment
1285 8th Avenue, San Francisco, CA 94122
For Sale
$3,695,000
Multifamily property with varied unit mix, period architectural elements, seismic work, laundry, and on-site parking.
Property Size10,413 SF
Price / SF$354.84
Days on Market55
Property Features for 1285 8th Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
coin-operated laundry
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Compass
Listed By:
Allison Chapleau · License CA #01369080
(415) 516-0648
Source:
Cityrealestatesf
Added: Sep 21
Changed: Nov 2
Last Checked: Nov 12 at 2:28PM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11-unit apartment building, completed in 1927, offers a varied residential mix of eight studios, two 2-bedroom units, and a top-floor 3-bedroom residence with views. Each 2-bedroom apartment includes an additional office area, with potential for conversion to a 3-bedroom layout. Interior and exterior character elements include a decorative façade, ornate entry lobby, ironwork, hardwood floors, and other period detailing. The property also includes coin-operated laundry and one-car parking.
Building improvements include a completed soft-story seismic retrofit, a modified-bitumen roof installed in 2013, and a fire alarm system meeting current sleeping-area requirements. The property has also completed its SB 721 inspection.
Located at 1285 8th Avenue in San Francisco’s Inner Sunset, the building is near the 9th & Irving commercial corridor, Golden Gate Park, restaurants, cafés, shopping, and the N-Judah Muni line, with access to Downtown and other parts of the city.
Building improvements include a completed soft-story seismic retrofit, a modified-bitumen roof installed in 2013, and a fire alarm system meeting current sleeping-area requirements. The property has also completed its SB 721 inspection.
Located at 1285 8th Avenue in San Francisco’s Inner Sunset, the building is near the 9th & Irving commercial corridor, Golden Gate Park, restaurants, cafés, shopping, and the N-Judah Muni line, with access to Downtown and other parts of the city.
Key Highlights
- 11‑unit apartment building with eight studios, two 2‑bedroom units, and one 3‑bedroom residence
- Both 2‑bedroom units include additional office spaces with potential for 3‑bedroom conversion
- Completed soft‑story seismic retrofit and SB 721 inspection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$314,253
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,285,060
$6.3M
Cap Rate 7%
$4,489,329
$4.5M
Cap Rate 9%
$3,491,700
$3.5M
Market Conditions
NOI Build-Up for 10,413 SF
Gross rent
$609.8K $58.56/SF
− Vacancy
−$38.4K −$3.69/SF
EGI
$571.4K $54.87/SF
− OpEx
−$257.1K −$24.69/SF
NOI
$314.3K $30.18/SF
Area
ZIP 94122
Vacancy
6.30%
Lease Rate
$58.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,285,060
Cap Rate 7%
$4,489,329
Cap Rate 9%
$3,491,700
Alternative Uses
Best Use
Apartment 5plus
$4.49M
$3.93M – $5.24M
NOI $314,253 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.99M
$4.37M – $5.83M
NOI $349,514 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
5,195
Businesses Nearby
Explore this area
Business Placement
Demographics for 94122, CA
57,160
Population
24,155
Households
2.4
Avg Household Size
39
Median Age
63%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
17,321
Density / Sq Mi
$145,717
Median Household Income
$80,501
Median Earnings
$2,720
Median Rent
$1,507,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in San Francisco, CA
Properties on Market for Apartment buildings in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with varied unit mix, period architectural elements, seismic work, laundry, and on-site parking.
Where is this apartment building located?
The property is located at 1285 8th Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $3,695,000.
What are key features of this property?
This property features: 11‑unit apartment building with eight studios, two 2‑bedroom units, and one 3‑bedroom residence; Both 2‑bedroom units include additional office spaces with potential for 3‑bedroom conversion; Completed soft‑story seismic retrofit and SB 721 inspection
