Updated Multifamily Apartment
For Sale
$3,200,000
1720 McAllister Street, San Francisco, CA 94115
Well-maintained multifamily building with thoughtfully updated interiors and shared amenities.
Property Size6,659 SF
Days on Market143
Property Features for 1720 McAllister Street
General Information
Standard status
Active
Size
6,659 SF
Property subtype
Multifamily
Additional Details
Business Included
Yes
Building Details
Building Size
6,659 SF
Tenancy
Multi
Listing Agency:
Compass Commercial
Listed By:
Matt Healy · License #CalDRE #02027148
(415) 497-0259
Source:
Compass-cre
Added: Jun 2
Changed: Oct 7
Last Checked: Oct 20 at 6:52PM
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
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Investment Insights
Based on property information with market context.
1720 McAllister Street is a well-maintained multifamily apartment building with a classic San Francisco exterior and meticulously maintained facade. The interiors have been thoughtfully updated, and the layout is designed to support efficient unit turnover while maintaining tenant comfort. Shared amenities are included to enhance the resident experience, and recent capital improvements are intended to limit near-term expenditure.
The property is situated on a wide, tree-lined thoroughfare within a high-demand residential corridor in San Francisco. The remarks indicate a proven occupancy history and consistent rental performance, along with an opportunity for targeted modernization to support future income growth.
Overall, the building offers a combination of historic curb appeal and modernized functionality, supported by sturdy building systems for long-term operational stability.
The property is situated on a wide, tree-lined thoroughfare within a high-demand residential corridor in San Francisco. The remarks indicate a proven occupancy history and consistent rental performance, along with an opportunity for targeted modernization to support future income growth.
Overall, the building offers a combination of historic curb appeal and modernized functionality, supported by sturdy building systems for long-term operational stability.
Key Highlights
- Well‑maintained multifamily building with thoughtfully updated interiors
- Classic San Francisco facade with meticulous exterior maintenance
- Efficient unit layout designed to maximize rentable area and tenant comfort
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,198
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,323,960
$4.3M
Cap Rate 7%
$3,088,543
$3.1M
Cap Rate 9%
$2,402,200
$2.4M
Market Conditions
NOI Build-Up for 6,659 SF
Gross rent
$419.5K $63.00/SF
− Vacancy
−$26.4K −$3.97/SF
EGI
$393.1K $59.03/SF
− OpEx
−$176.9K −$26.56/SF
NOI
$216.2K $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 Rate 5%
$4,323,960
Cap Rate 7%
$3,088,543
Cap Rate 9%
$2,402,200
Alternative Uses
Best Use
Apartment 5plus
$3.09M
$2.70M – $3.60M
NOI $216,198 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$32.53M
$28.46M – $37.95M
NOI $2,276,854 @ 7.0% cap · market cap 71.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,991
Businesses Nearby
Explore this area
Business Placement
Demographics for 94115, CA
35,853
Population
19,312
Households
1.9
Avg Household Size
38
Median Age
74%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
32,594
Density / Sq Mi
$154,264
Median Household Income
$103,538
Median Earnings
$2,380
Median Rent
$1,684,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily building with thoughtfully updated interiors and shared amenities.
Where is this apartment building located?
The property is located at 1720 McAllister Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Well‑maintained multifamily building with thoughtfully updated interiors; Classic San Francisco facade with meticulous exterior maintenance; Efficient unit layout designed to maximize rentable area and tenant comfort
