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9-Unit Apartment Building
For Sale
$4,995,000

1756 Broadway Street, San Francisco, CA 94123

A converted mansion combines varied apartment layouts with a detached cottage and landscaped garden space.

Property Size5,822 SF
Lot Size0.16 Acres
Price / SF$857.95
Days on Market216

Property Features for 1756 Broadway Street

General Information

Standard status Active
Size 5,822 SF
Lot size 0.16 Acres
Property subtype Multi Family

Site & Location

Neighborhood Marina

Additional Details

Cap Rate 4.6%
Multifamily Units 9

Amenities

landscaped common garden
on-site coin-operated laundry

Building Details

Building Size 5,822 SF
Year Built 1904
Buildings 2
Listing Agency: Side
Listed By: Clearstory Real Estate
Source: Clearstoryre
Added: Mar 27 Changed: Oct 26 Last Checked: Oct 26 at 2:31PM

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 Side

Rey
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Investment Insights

Based on property information with market context.

Built in 1904, this 5,822-square-foot apartment property comprises a main mansion and a detached cottage, with nine residences in total. The principal building contains seven apartments, while the garden-level studio and cottage add two more. The cottage is configured as an open-plan one-bedroom with in-unit laundry and a private garden. A permitted seismic retrofit was completed on both buildings. Interior features include wood floors, decorative fireplaces, period details, updated kitchens and bathrooms in most apartments, and a lobby with stained glass and a broad wood staircase. The property also has a coin-operated laundry and landscaped common garden.

The parcel measures 50 feet wide by 137.5 feet deep and is located on Broadway Street in San Francisco. Dining, cafes, and retail on Union Street, Chestnut Street, and Upper Polk Street are within walking distance. North-facing apartments on the second and third floors have Golden Gate Bridge and Bay views.

Key Highlights

  • Nine apartments across a 1904‑built mansion and detached cottage
  • 5,822 square feet on a 50‑foot‑wide by 137.5‑foot‑deep lot
  • Permitted seismic retrofit completed on both buildings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$189,023
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,780,460 $3.8M
Cap Rate 7%
$2,700,329 $2.7M
Cap Rate 9%
$2,100,256 $2.1M
Market Conditions
NOI Build-Up for 5,822 SF
Gross rent
$366.8K $63.00/SF
− Vacancy
−$23.1K −$3.97/SF
EGI
$343.7K $59.03/SF
− OpEx
−$154.7K −$26.56/SF
NOI
$189.0K $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%
$3,780,460
Cap Rate 7%
$2,700,329
Cap Rate 9%
$2,100,256

Alternative Uses

Best Use
Apartment 5plus
$2.70M
$2.36M – $3.15M (±1% cap)
NOI $189,023 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$28.44M
$24.88M – $33.18M (±1% cap)
NOI $1,990,666 @ 7.0% cap · market cap 39.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

8,642
Businesses Nearby

Demographics for 94123, CA

26,131
Population
14,883
Households
1.8
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
23,755
Density / Sq Mi
$222,689
Median Household Income
$142,336
Median Earnings
$3,248
Median Rent
$2,000,001
Median Home Value

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 - A converted mansion combines varied apartment layouts with a detached cottage and landscaped garden space.
Where is this apartment building located?
The property is located at 1756 Broadway Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Nine apartments across a 1904‑built mansion and detached cottage; 5,822 square feet on a 50‑foot‑wide by 137.5‑foot‑deep lot; Permitted seismic retrofit completed on both buildings
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