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Top Floor Studio in Cow Hollow
For Sale
$499,000

2415 Van Ness Ave Unit 602, San Francisco, CA 94109

Other residential income properties

Property Size567 SF
Lot Size0.13 Acres
Price / SF$880.07
Days on Market277

Property Features for 2415 Van Ness Ave Unit 602

General Information

Standard status Active
Property type Other residential income properties, Multifamily properties
Size 567 SF
Lot size 0.13 Acres

Building Details

Year Built 1926
Stories 7
Units 41
Added: Jan 24 Changed: Mar 16
Rey
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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.

This east-facing studio, situated on the top floor in the Cow Hollow neighborhood of San Francisco, offers views of the Transamerica Pyramid, Salesforce Tower, and Russian Hill. The layout includes a living area with hardwood floors and a separate eat-in kitchen featuring cabinetry and quartz countertops. Storage is available, including a walk-in closet that can serve as an office nook. The building has undergone upgrades such as double-paned windows, exterior waterproofing, a new elevator, refreshed common areas, and a gated entry with an intercom system. Shared amenities include a back patio with lounge seating, a fire pit, and outdoor dining, along with shared laundry and zero-step entry at the lower level. A private storage closet is included with the unit. The location provides access to Polk, Union, Chestnut, and Fillmore Streets, and Fisherman's Wharf. Bay trails, farmers markets at Fort Mason, and green spaces like Moscone Park, Aquatic Park, and Marina Green are also nearby. Transit options and tech shuttle stops facilitate car-free living. The property is suitable as a first city home, pied-a-terre, or investment option. The property size is 567 square feet.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,936
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,720 $338.7K
Cap Rate 7%
$241,943 $241.9K
Cap Rate 9%
$188,178 $188.2K
Market Conditions
NOI Build-Up for 567 SF
Gross rent
$32.9K $57.96/SF
− Vacancy
−$2.1K −$3.65/SF
EGI
$30.8K $54.31/SF
− OpEx
−$13.9K −$24.44/SF
NOI
$16.9K $29.87/SF
Area
ZIP 94109
Vacancy
6.30%
Lease Rate
$57.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,720
Cap Rate 7%
$241,943
Cap Rate 9%
$188,178

Alternative Uses

Best Use
Apartment 5plus
$241.9K
$211.7K – $282.3K (±1% cap)
NOI $16,936 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.58M
$2.26M – $3.02M (±1% cap)
NOI $180,945 @ 7.0% cap · market cap 36.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

7,670
Businesses Nearby

Demographics for 94109, CA

58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

Where is this residential income property located?
The property is located at 2415 Van Ness Ave Unit 602 San Francisco, CA.
What is the asking price?
The asking price for this property is $499,000.
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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