6-Unit Mixed-Use
224 6th Street San, San Francisco, CA 94103
For Sale
$2,000,000
Three apartments, two studios, and a commercial space occupy a 1914 building in San Francisco.
Property Size8,127 SF
Price / SF$246.09
Days on Market226
Property Features for 224 6th Street San
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
Marcus & Millichap
Listed By:
Gino V Franco · License CA #02027839
(415) 625-2167
Source:
Kw
Added: Apr 3
Changed: Nov 12
Last Checked: Nov 12 at 2:38PM
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 Marcus & Millichap
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Investment Insights
Based on property information with market context.
Built in 1914, the San Francisco property contains approximately 8,127 square feet across three 3-bedroom apartments, two studio units, and one commercial space. All six units are occupied. Current rents are approximately 7% below market levels.
The property is in the South of Market district, near employment centers, public transit, restaurants, cafes, retail, and entertainment. U.S. Highway 101 and Interstate 80 provide connections to downtown San Francisco, Silicon Valley, and other Bay Area destinations.
The property is in the South of Market district, near employment centers, public transit, restaurants, cafes, retail, and entertainment. U.S. Highway 101 and Interstate 80 provide connections to downtown San Francisco, Silicon Valley, and other Bay Area destinations.
Key Highlights
- Six‑unit mix: three 3‑bedroom apartments, two studios, and one commercial space
- Approximately 8,127 square feet
- 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,334
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,626,680
$3.6M
Cap Rate 7%
$2,590,486
$2.6M
Cap Rate 9%
$2,014,822
$2.0M
Market Conditions
NOI Build-Up for 8,127 SF
Gross rent
$341.3K $42.00/SF
− Vacancy
−$51.2K −$6.30/SF
EGI
$290.1K $35.70/SF
− OpEx
−$108.8K −$13.39/SF
NOI
$181.3K $22.31/SF
Area
San Francisco, CA
Vacancy
15.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,626,680
Cap Rate 7%
$2,590,486
Cap Rate 9%
$2,014,822
Alternative Uses
Best Use
Apartment 5plus
$3.77M
$3.30M – $4.40M
NOI $263,860 @ 7.0% cap · market cap 13.19%
Second Best
Mixed Use
$2.59M
$2.27M – $3.02M
NOI $181,334 @ 7.0% cap · market cap 9.07%
Theoretical Best
Multifamily LT 5
$4.13M
$3.61M – $4.81M
NOI $288,830 @ 7.0% cap · market cap 14.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14,923
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
$1,057,600
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in San Francisco, CA
Properties on Market for Mixed-use properties in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments, two studios, and a commercial space occupy a 1914 building in San Francisco.
Where is this mixed-use property located?
The property is located at 224 6th Street San San Francisco, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Six‑unit mix: three 3‑bedroom apartments, two studios, and one commercial space; Approximately 8,127 square feet; 100% occupancy
