Six-Unit Apartment
For Sale
$3,600,000
110 6th St, San Francisco, CA 94103
Classic apartments offer varied layouts, resident parking, and select modernized finishes.
Property Size7,920 SF
Price / SF$454.55
Days on Market12
Property Features for 110 6th St
General Information
Standard status
Active
Size
7,920 SF
Total Parking Spaces
6
Property subtype
Multifamily
Units
Unit Mix
3 x 1BR/1BA, 3 x 2BR/1BA
Multifamily Units
6
Parking per Unit
1
Amenities
shared rear outdoor area
common-area laundry hookups
Building Details
Year Built
1916
Listing Agency:
San Francisco
(415) 288-7869
Listed By:
Dustin Dolby · License #01963487
(415) 288-7869
Source:
Colliers
Added: Aug 19
Changed: Aug 27
Last Checked: Aug 30 at 12:58PM
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 San Francisco
Investment Insights
Based on property information with market context.
This six-unit apartment building was constructed in 1916 and contains approximately 7,920 square feet. The unit mix includes three one-bedroom, one-bathroom apartments and three two-bedroom, one-bathroom apartments. Interiors feature spacious room layouts with hardwood floors, bay windows, crown molding, walk-in closets, and formal dining rooms. Kitchens include granite countertops, dishwashers, and full-size appliances; select residences also have updated finishes and in-unit laundry. The property provides six parking spaces, a shared rear outdoor area, and common-area laundry hookups.
The building is located in San Francisco’s Lake Street neighborhood, just north of the Clement Street commercial corridor. Restaurants, cafés, shopping, and daily conveniences are located within blocks, while the Presidio and transportation routes serving San Francisco and the Bay Area are nearby. One apartment is vacant, and the remaining units are occupied.
The building is located in San Francisco’s Lake Street neighborhood, just north of the Clement Street commercial corridor. Restaurants, cafés, shopping, and daily conveniences are located within blocks, while the Presidio and transportation routes serving San Francisco and the Bay Area are nearby. One apartment is vacant, and the remaining units are occupied.
Key Highlights
- Six‑unit apartment building constructed in 1916
- Approximately 7,920 square feet with three one‑bedroom and three two‑bedroom units
- Six parking spaces provide a one‑to‑one parking ratio
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
$257,139
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
7.14%
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%
$5,142,780
$5.1M
Cap Rate 7%
$3,673,414
$3.7M
Cap Rate 9%
$2,857,100
$2.9M
Market Conditions
NOI Build-Up for 7,920 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
$499.0K $63.00/SF
− Vacancy
−$31.4K −$3.97/SF
EGI
$467.5K $59.03/SF
− OpEx
−$210.4K −$26.56/SF
NOI
$257.1K $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%
$5,142,780
Cap Rate 7%
$3,673,414
Cap Rate 9%
$2,857,100
Alternative Uses
Best Use
Apartment 5plus
$3.67M
$3.21M – $4.29M
NOI $257,139 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$38.69M
$33.85M – $45.13M
NOI $2,708,016 @ 7.0% cap · market cap 75.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
20,986
Businesses Nearby
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
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 - Classic apartments offer varied layouts, resident parking, and select modernized finishes.
Where is this apartment building located?
The property is located at 110 6th St San Francisco, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Six‑unit apartment building constructed in 1916; Approximately 7,920 square feet with three one‑bedroom and three two‑bedroom units; Six parking spaces provide a one‑to‑one parking ratio
