Six-Unit Apartment
20 Joice Street San Francisco, CA 94108
MULTI_FAMILY - San Francisco, CA
Property size:
3,750 SFLot size:
0.03 AcresPrice / SF:
$398/SF- Added:
- Jun 1, 2026
- Days on Market:
- 40
- Last Refresh:
- Jul 10 at 2:06 pm
Property Features for 20 Joice Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2
- Standard status
- Active
- APN
- 0256023
- Size
- 3,750 SF
- Lot size
- 0.03 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 4
- Number of units
- 6
- Roof type
- Asphalt
Listing agent Kevin S Wong License #01331542 (415) 290-2927
Listing office Compass 891 Beach St., Beverly Hills, CA (415) 660-9955
Listing date Jun 1, 2026
MLS# 426137044
Listing URL
Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1913, this six-unit apartment building is arranged as three studios and three one-bedroom apartments. Four of the units have been recently updated, supporting a mix of tenant-friendly layouts. The property includes a large storage area at the back of the building, and the roof offers views of downtown.
Located at 20 Joice Street in San Francisco’s Nob Hill area (94108), the building is described as having a 100 WalkScore. The setting offers convenient access to Chinatown and the Financial District, as well as Union Square, cable cars, and public transit.
For buyers seeking a small multifamily asset, the unit mix of studios and one-bedrooms can accommodate a range of renters while maintaining a relatively manageable building scale. With the building currently fully occupied and supported by on-site storage and outdoor roof views, the configuration may be well-suited for an owner looking to operate a straightforward income property.
Located at 20 Joice Street in San Francisco’s Nob Hill area (94108), the building is described as having a 100 WalkScore. The setting offers convenient access to Chinatown and the Financial District, as well as Union Square, cable cars, and public transit.
For buyers seeking a small multifamily asset, the unit mix of studios and one-bedrooms can accommodate a range of renters while maintaining a relatively manageable building scale. With the building currently fully occupied and supported by on-site storage and outdoor roof views, the configuration may be well-suited for an owner looking to operate a straightforward income property.
Key Highlights
- 6‑unit multifamily building (Year built 1914) in Nob Hill with 3 studios and 3 1‑bedroom apartments
- Four units recently updated; property is fully occupied
- Financial metrics provided: 9.37% cap rate and 8.17 GRM
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 | $236.3k | $63.00 |
| − Vacancy | −$14.9k | −$3.97 |
| EGI | $221.4k | $59.03 |
| − OpEx | −$99.6k | −$26.56 |
| NOI | $121.8k | $32.47 |
3,750 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.74M
$1.52M – $2.03M
NOI $121,751 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$18.32M
$16.03M – $21.37M
NOI $1,282,205 @ 7.0% cap · market cap 85.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Built in 1913 with three studios and three one-bedrooms, plus dedicated back storage.
Where is this apartment building located?
The property is located at 20 Joice Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6‑unit multifamily building (Year built 1914) in Nob Hill with 3 studios and 3 1‑bedroom apartments; Four units recently updated; property is fully occupied; Financial metrics provided: 9.37% cap rate and 8.17 GRM
