Turnkey Renovated 5-Plex Near
1454 Van Ness Avenue San Francisco, CA 94110
1454 Van Ness Avenue, San Francisco, CA, 94110
$4,400,000
For Sale
$4,400,000
Renovated 5-unit property with strong income and convenient location.
Property Size5,697 SF
Price / SF$772.34
Days on Market227
Property Features for 1454 Van Ness Avenue
General Information
- Standard status
- Active
- Size
- 5,697 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing Agency
COMPASS
(415) 345-3000
Listed by
ISMAEL BENHAMIDA
Source
Corcoran
Added: Dec 2, 2025 Checked: Jul 17 at 3:56 am
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
Investment Insights
Based on property information with market context.
This turnkey 5-plex, totaling 5,697 square feet, has undergone a renovation completed recently. The property features a current gross rent of $27,892 per month. It is located near AI tech companies. The unit mix includes two large units with 6 beds and 4 baths, measuring 1682 square feet and 1434 square feet, renting for $11,525 and $7,435 per month, respectively. There is also one 3-bed, 2-bath unit spanning 796 square feet, renting for $4,815 per month, and two 1-bed, 1-bath units measuring 427 square feet and 768 square feet, renting for $4,180 and $1,117 per month, respectively. A new luxurious furnished roof top deck is included. Each unit features a vaulted ceiling, large kitchen and living room, and a washer/dryer. A multi-year renovation project, which started in 2019, included new electrical wiring and a 400 amp service with new panels, gas, copper plumbing, paint, roof, and hallway finishes. The unit interiors were fully renovated with new walls and ceilings, subfloors, plank flooring, LED lighting, dual pane windows and doors. High-end kitchens are appointed with new quartz counters, cabinets, and appliances. Bathrooms have new vanities, bathtubs, showers, and plumbing fixtures. Rent levels are commensurate with newer construction properties. Tenants are high income and credit score professionals, with no past due rent or tenant disputes. Tenants reimburse for water, sewer, and trash. The property is suitable for both cash-flow and appreciation-minded investors.
Key Highlights
- Turnkey 5‑plex with $1.1M+ recent renovation.
- High current gross rent of $27,892/month.
- Located near AI tech companies.
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 | $341.8k | $60.00 |
| − Vacancy | −$21.5k | −$3.78 |
| EGI | $320.3k | $56.22 |
| − OpEx | −$144.1k | −$25.30 |
| NOI | $176.2k | $30.92 |
5,697 SF · lease $60.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.52M
$2.20M – $2.94M
NOI $176,157 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$27.83M
$24.35M – $32.47M
NOI $1,947,925 @ 7.0% cap · market cap 44.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ReDiscovery Coach
Life Coach
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FAQs
What type of property is this?
Apartment building - Renovated 5-unit property with strong income and convenient location.
Where is this apartment building located?
The property is located at 1454 Van Ness Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Turnkey 5‑plex with $1.1M+ recent renovation.; High current gross rent of $27,892/month.; Located near AI tech companies.
