1821-1823 Oak Street, San Francisco, CA 94117
Well-maintained five-unit building with updated systems, separate metering, and a landscaped rear yard.
- Added:
- May 20, 2026
- Days on Market:
- 26
- Last Refresh:
- Jun 13 at 2:20 am
Property Features for 1821-1823 Oak Street
General Information
- Standard status
- Active
- Size
- 4,457 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agent Michael B Johnston
Listing office Engel & Voelkers San Francisco
Listing date May 20, 2026
Source Elevationrealestate
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All listing content including descriptions, pricing, images are the copyrighted material of Engel & Voelkers San Francisco
HighLights
- Five‑unit apartment building totaling approx. 4,457 SF in San Francisco’s NOPA neighborhood
- Unit mix: three 2BD/1BA units, one 1BD/1BA unit, and one studio
- Completed earthquake retrofit and updated electrical systems
- Separate gas and electric metering for each unit
- Several units remodeled with updated kitchens and baths
- Large landscaped rear yard with direct access from the expansive ground‑floor flat; includes a one‑car garage and tenant storage areas
Overview
The building is located in San Francisco and described as being in the heart of the NOPA neighborhood, within a sought-after residential rental area. The offering is positioned as a clean, well-cared-for multifamily asset with thoughtful long-term maintenance.
For tenants and operators, the unit mix supports a range of household needs, from studios to two-bedroom layouts. For buyers, the separate utility metering and completed earthquake retrofit work are practical, building-level upgrades, while the combination of remodeled interiors and established outdoor space supports continued resident satisfaction. The presence of an on-site garage and tenant storage also adds day-to-day convenience for residents.
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 | $280.8k | $63.00 |
| − Vacancy | −$17.7k | −$3.97 |
| EGI | $263.1k | $59.03 |
| − OpEx | −$118.4k | −$26.56 |
| NOI | $144.7k | $32.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.449343
- Latitude
- 37.771562