Top Floor Studio in Cow
2415 Van Ness Ave Unit 602 San Francisco, CA 94109
2415 Van Ness Ave Unit 602, San Francisco, CA, 94109
$499,000
For Sale
$499,000
Other residential income properties
Property Size567 SF
Lot Size0.13 Acres
Price / SF$880.07
Days on Market174
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
Listing Office
Added: Jan 24 Checked: Mar 16 at 9:06 am
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.
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 | $32.9k | $57.96 |
| − Vacancy | −$2.1k | −$3.65 |
| EGI | $30.8k | $54.31 |
| − OpEx | −$13.9k | −$24.44 |
| NOI | $16.9k | $29.87 |
567 SF · lease $57.96/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$241.9K
$211.7K – $282.3K
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
NOI $180,945 @ 7.0% cap · market cap 36.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
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.
