Four-Unit Residential Income
For Sale
$1,299,000
185-191 Hampshire Street, San Francisco, CA 94103
Three units are vacant, including two that have been remodeled and are ready for occupancy.
Property Size3,016 SF
Days on Market13
Property Features for 185-191 Hampshire Street
General Information
Standard status
Active
Size
3,016 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Mission
Highway Access
Yes
Additional Details
Multifamily Units
4
Building Details
Building Size
3,016 SF
Year Built
1907
Buildings
1
Listing Agency:
Vanguard Properties
Listed By:
Gilbert Dair · License #CA01329409
Source:
Bonniespindler
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 26 at 10:44PM
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 Vanguard Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1907, this four-unit residential property is offered with three vacant units. Two of the vacant units have been remodeled and are ready to rent, while the fourth unit is occupied.
The property is on Hampshire Street in San Francisco, near shopping, a design center, and freeway access. A basement ADU may offer the potential to add a fifth unit.
The property is on Hampshire Street in San Francisco, near shopping, a design center, and freeway access. A basement ADU may offer the potential to add a fifth unit.
Key Highlights
- Four‑unit property built in 1907
- Three units vacant at sale
- Two vacant units remodeled and ready to rent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,187
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,143,740
$2.1M
Cap Rate 7%
$1,531,243
$1.5M
Cap Rate 9%
$1,190,967
$1.2M
Market Conditions
NOI Build-Up for 3,016 SF
Gross rent
$162.9K $54.00/SF
− Vacancy
−$9.7K −$3.23/SF
EGI
$153.1K $50.77/SF
− OpEx
−$45.9K −$15.23/SF
NOI
$107.2K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,143,740
Cap Rate 7%
$1,531,243
Cap Rate 9%
$1,190,967
Alternative Uses
Best Use
Multifamily LT 5
$1.53M
$1.34M – $1.79M
NOI $107,187 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,921 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$14.73M
$12.89M – $17.19M
NOI $1,031,234 @ 7.0% cap · market cap 79.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,762
Businesses Nearby
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Three units are vacant, including two that have been remodeled and are ready for occupancy.
Where is this quadplex located?
The property is located at 185-191 Hampshire Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Four‑unit property built in 1907; Three units vacant at sale; Two vacant units remodeled and ready to rent
