Six-Unit Apartment Building with Rooftop
2334 California Street, San Francisco, CA 94115
For Sale
$4,650,000
San Francisco, CA
Property Size5,500 SF
Price / SF$845.45
Days on Market104
Property Features for 2334 California Street
General Information
Property type
Property subtype
Bedrooms
Rooms
Standard status
Size
Additional Details
Tenant in Place
Amenities
private rooftop deck
built-in sauna
courtyard / rear backyard
Building Details
Year built
Listing Agency:
Engel & Volkers San Francisco Union Street · Engel & Völkers
(415) 689-8592
Listed By:
Michael B Johnston · License CA #01370461
Added: Aug 3
Changed: Oct 31
Last Checked: Nov 14 at 6:06AM
MLS# 426149438
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1900, this converted mansion-style property contains six occupied apartments with a total reported size of 5,500 square feet. The configuration includes three one-bedroom, one-bathroom flats entered through a dedicated walk-up at 2332 California Street, two garden studios reached from the side alley and rear courtyard, and a two-story owner's residence spanning over 2,000 square feet. The owner's unit includes three bedrooms, four bathrooms, a private rooftop deck with city views, and a built-in sauna.
All residences share a side courtyard and rear backyard. The property is located at 2334 California Street in San Francisco's Pacific Heights neighborhood, near the Fillmore Street corridor, Alta Plaza Park, restaurants, boutique shopping, coffee shops, and bars. Public transportation options include the 1 California, 22 Fillmore, 28 Divisadero, and 38 Geary Muni lines.
All residences share a side courtyard and rear backyard. The property is located at 2334 California Street in San Francisco's Pacific Heights neighborhood, near the Fillmore Street corridor, Alta Plaza Park, restaurants, boutique shopping, coffee shops, and bars. Public transportation options include the 1 California, 22 Fillmore, 28 Divisadero, and 38 Geary Muni lines.
Key Highlights
- Six‑unit multifamily property with a reported 5,500 square feet
- Three one‑bedroom / one‑bathroom flats, two garden studios, and a two‑story owner's residence
- Owner's residence spans over 2,000 square feet and includes three bedrooms and four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,569
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,571,380
$3.6M
Cap Rate 7%
$2,550,986
$2.6M
Cap Rate 9%
$1,984,100
$2.0M
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$346.5K $63.00/SF
− Vacancy
−$21.8K −$3.97/SF
EGI
$324.7K $59.03/SF
− OpEx
−$146.1K −$26.56/SF
NOI
$178.6K $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%
$3,571,380
Cap Rate 7%
$2,550,986
Cap Rate 9%
$1,984,100
Alternative Uses
Best Use
Apartment 5plus
$2.55M
$2.23M – $2.98M
NOI $178,569 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.79M
$2.44M – $3.26M
NOI $195,468 @ 7.0% cap · market cap 4.20%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
See the owner, sales and loan history
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Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
8,963
Businesses Nearby
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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
$1,684,100
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in San Francisco, CA
Properties on Market for Apartment buildings in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Converted mansion-style property with varied residences, shared outdoor space, and access to Fillmore Street amenities.
Where is this apartment building located?
The property is located at 2334 California Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Six‑unit multifamily property with a reported 5,500 square feet; Three one‑bedroom / one‑bathroom flats, two garden studios, and a two‑story owner's residence; Owner's residence spans over 2,000 square feet and includes three bedrooms and four bathrooms
