Four-Story Apartment
For Sale
$4,850,000
1901 Turk Street, San Francisco, CA 94115
Corner property with garage parking, classic architectural elements, and a private roof deck on the top-floor residence.
Property Size9,561 SF
Price / SF$507.27
Days on Market57
Property Features for 1901 Turk Street
General Information
Standard status
Active
Size
9,561 SF
Total Parking Spaces
8
Property subtype
Multi Family
Units
Unit Mix
6 x studio, 6 x 1BR
Multifamily Units
12
Building Details
Building Size
9,561 SF
Year Built
1927
Buildings
1
Stories
4
Listing Agency:
Maven Commercial, Inc.
Listed By:
Matthew C Sheridan · License #01878802
Source:
Swanngroupsf
Added: Aug 24
Changed: Oct 4
Last Checked: Oct 16 at 2:41PM
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 Maven Commercial, Inc.
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Investment Insights
Based on property information with market context.
Built in 1927, this four-story corner apartment property contains 9,561 square feet and 12 residences comprising 6 studios and 6 one-bedroom units. The building retains French doors, bay windows, and hardwood floors, while many apartments include updated eat-in kitchens. A top-floor residence features a private roof deck, and the property includes 8 parking garages.
The property is located in San Francisco’s NOPA neighborhood, one block from Divisadero Street and near dining, nightlife, and retail. Completed seismic work is in place, and the building offers ADU potential along with opportunities for unit improvements. Tenants are responsible for heat and hot water.
The property is located in San Francisco’s NOPA neighborhood, one block from Divisadero Street and near dining, nightlife, and retail. Completed seismic work is in place, and the building offers ADU potential along with opportunities for unit improvements. Tenants are responsible for heat and hot water.
Key Highlights
- 12 units: 6 studios and 6 one‑bedrooms
- 8 parking garages within a 9,561‑square‑foot building
- Four‑story corner apartment property built in 1927
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,417
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,208,340
$6.2M
Cap Rate 7%
$4,434,529
$4.4M
Cap Rate 9%
$3,449,078
$3.4M
Market Conditions
NOI Build-Up for 9,561 SF
Gross rent
$602.3K $63.00/SF
− Vacancy
−$37.9K −$3.97/SF
EGI
$564.4K $59.03/SF
− OpEx
−$254.0K −$26.56/SF
NOI
$310.4K $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%
$6,208,340
Cap Rate 7%
$4,434,529
Cap Rate 9%
$3,449,078
Alternative Uses
Best Use
Apartment 5plus
$4.43M
$3.88M – $5.17M
NOI $310,417 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$46.70M
$40.86M – $54.49M
NOI $3,269,109 @ 7.0% cap · market cap 67.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
6,743
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Corner property with garage parking, classic architectural elements, and a private roof deck on the top-floor residence.
Where is this apartment building located?
The property is located at 1901 Turk Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 12 units: 6 studios and 6 one‑bedrooms; 8 parking garages within a 9,561‑square‑foot building; Four‑story corner apartment property built in 1927
