Search
Seven-Unit Apartment Building
New
For Sale
$3,250,000

1447 Washington Street, San Francisco, CA 94109

The multifamily property combines renovated residences with on-site laundry, tenant lockers, a garage, and a rear yard.

Property Size5,238 SF
Lot Size0.08 Acres
Price / SF$620.47
Days on Market5

Property Features for 1447 Washington Street

General Information

Standard status Active
Size 5,238 SF
Total Parking Spaces 1
Lot size 0.08 Acres
Property subtype Multi Family

Units

Unit Mix 7 x 1BR/1BA
Multifamily Units 7

Additional Details

Utilities to Site Yes

Amenities

on-site laundry
tenant storage lockers
spacious rear yard

Building Details

Building Size 5,238 SF
Year Built 1910
Buildings 1
Listing Agency: Compass Commercial
Listed By: Jay H Greenberg · License #01049568
Source: Bonniespindler
Added: Oct 17 Changed: Oct 19 Last Checked: Oct 21 at 5:19AM

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 Commercial

Rey
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 1910 apartment property contains seven one-bedroom (4 Room), one-bath residences within approximately 5,238 square feet of building area. Five apartments have received updates to kitchens, bathrooms, lighting, fixtures, and flooring. The renovated kitchens feature stainless steel appliances, dishwashers, gas ranges, new cabinetry, and countertops. Shared amenities include laundry facilities, tenant storage lockers, a one-car garage, and a rear yard.

The building occupies a 25' x 137.5' parcel totaling about 3,438 square feet. Property features also include soft-story construction, fire-alarm compliance, upgraded electrical service, separate PG&E, and individual heating and water-heating equipment.

Key Highlights

  • Seven one‑bedroom (4 Room), one‑bath apartments
  • Five units renovated with updated kitchens, bathrooms, lighting, fixtures, and flooring
  • Building area of approximately 5,238 square feet on a 25' x 137.5' lot of about 3,438 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$156,457
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,140 $3.1M
Cap Rate 7%
$2,235,100 $2.2M
Cap Rate 9%
$1,738,411 $1.7M
Market Conditions
NOI Build-Up for 5,238 SF
Gross rent
$303.6K $57.96/SF
− Vacancy
−$19.1K −$3.65/SF
EGI
$284.5K $54.31/SF
− OpEx
−$128.0K −$24.44/SF
NOI
$156.5K $29.87/SF
Area
ZIP 94109
Vacancy
6.30%
Lease Rate
$57.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,140
Cap Rate 7%
$2,235,100
Cap Rate 9%
$1,738,411

Alternative Uses

Best Use
Apartment 5plus
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,457 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$23.88M
$20.89M – $27.86M (±1% cap)
NOI $1,671,585 @ 7.0% cap · market cap 51.43%
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

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13,062
Businesses Nearby

Demographics for 94109, CA

58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The multifamily property combines renovated residences with on-site laundry, tenant lockers, a garage, and a rear yard.
Where is this apartment building located?
The property is located at 1447 Washington Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Seven one‑bedroom (4 Room), one‑bath apartments; Five units renovated with updated kitchens, bathrooms, lighting, fixtures, and flooring; Building area of approximately 5,238 square feet on a 25' x 137.5' lot of about 3,438 square feet
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved