15-Unit Victorian Apartment
250 Douglass Street, San Francisco, CA 94114
For Sale
$6,495,000
Historic multifamily property with varied layouts, ornate detailing, and a separate-parcel cottage.
Property Size8,220 SF
Days on Market60
Property Features for 250 Douglass Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Construction
Listing Agency:
Compass Commercial
Listed By:
Adam D Filly · License #01354775
(415) 874-5031
Source:
Elevationrealestate
Added: Sep 9
Changed: Nov 2
Last Checked: Nov 6 at 3:36PM
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 Compass Commercial
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Investment Insights
Based on property information with market context.
Constructed in 1885, this 15-unit apartment building combines late-19th-century character with residential functionality. The unit mix includes studios, one-bedroom apartments, and two-bedroom apartments, with high ceilings, abundant windows, and ornate Victorian detailing. Select residences feature city views and private decks, while elegant shared areas contribute to the building’s distinctive presentation.
A freestanding cottage on a separate parcel accompanies the main property. The building occupies the corner of Douglass and Caselli in San Francisco’s Eureka Valley/Castro area. Historically known as the Alfred E. Clarke Mansion, the property survived the 1906 earthquake and was subsequently adapted for residential use.
A freestanding cottage on a separate parcel accompanies the main property. The building occupies the corner of Douglass and Caselli in San Francisco’s Eureka Valley/Castro area. Historically known as the Alfred E. Clarke Mansion, the property survived the 1906 earthquake and was subsequently adapted for residential use.
Key Highlights
- 15‑unit apartment building constructed in 1885
- Mix of studio, one‑bedroom, and two‑bedroom apartments
- Freestanding cottage located on a separate parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$266,879
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,337,580
$5.3M
Cap Rate 7%
$3,812,557
$3.8M
Cap Rate 9%
$2,965,322
$3.0M
Market Conditions
NOI Build-Up for 8,220 SF
Gross rent
$517.9K $63.00/SF
− Vacancy
−$32.6K −$3.97/SF
EGI
$485.2K $59.03/SF
− OpEx
−$218.4K −$26.56/SF
NOI
$266.9K $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%
$5,337,580
Cap Rate 7%
$3,812,557
Cap Rate 9%
$2,965,322
Alternative Uses
Best Use
Apartment 5plus
$3.81M
$3.34M – $4.45M
NOI $266,879 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$40.15M
$35.13M – $46.84M
NOI $2,810,593 @ 7.0% cap · market cap 43.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
3,230
Businesses Nearby
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Business Placement
Demographics for 94114, CA
33,683
Population
18,686
Households
1.8
Avg Household Size
40
Median Age
79%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
24,059
Density / Sq Mi
$196,528
Median Household Income
$117,677
Median Earnings
$2,898
Median Rent
$1,771,700
Median Home Value
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Market
Average Price Trend$/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 - Historic multifamily property with varied layouts, ornate detailing, and a separate-parcel cottage.
Where is this apartment building located?
The property is located at 250 Douglass Street San Francisco, CA.
What is the asking price?
The asking price for this property is $6,495,000.
What are key features of this property?
This property features: 15‑unit apartment building constructed in 1885; Mix of studio, one‑bedroom, and two‑bedroom apartments; Freestanding cottage located on a separate parcel
