8-Unit Mid-Century Apartment
New
For Sale
$3,298,000
257 San Jose Avenue, San Francisco, CA 94110
Eight one-bedroom flats on an oversized lot, with in-unit laundry in five remodeled units and a TPO roof installed in 2022.
Property Size3,330 SF
Price / SF$990.39
Days on Market6
Property Features for 257 San Jose Avenue
General Information
Standard status
Active
Size
3,330 SF
Total Parking Spaces
9
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
8 x 1BR
Multifamily Units
8
Amenities
in-unit laundry
Building Details
Building Size
3,720 SF
Year Built
1962
Construction
mid-century modern
Listing Agency:
Quest Real Estate
(650) 888-7888
Listed By:
Bijan Amini
Source:
Swanngroupsf
Added: Jul 27
Changed: Jul 31
Last Checked: Aug 1 at 11:04AM
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 Quest Real Estate
Investment Insights
Based on property information with market context.
257 San Jose Avenue is an 8-unit, mid-century modern apartment building built in 1962, set on an oversized lot. The property includes eight one-bedroom flats. Five of the flats have been completely remodeled and feature in-unit laundry, are SB721 compliant, and received a new TPO roof in 2022.
The building offers 9 total parking spaces. It is located in Noe Valley, on the cusp of The Mission, about 1.5 blocks from the Valencia Corridor. The area is described as highly walkable with neighborhood dining, cafes, bars, shopping, and nightlife options. 24th & Mission BART is approximately a 5-minute walk.
With 99 WalkScore and 98 BikeScore, the property is positioned for tenants who value access to transit and nearby retail corridors.
The building offers 9 total parking spaces. It is located in Noe Valley, on the cusp of The Mission, about 1.5 blocks from the Valencia Corridor. The area is described as highly walkable with neighborhood dining, cafes, bars, shopping, and nightlife options. 24th & Mission BART is approximately a 5-minute walk.
With 99 WalkScore and 98 BikeScore, the property is positioned for tenants who value access to transit and nearby retail corridors.
Key Highlights
- 8‑unit mid‑century modern apartment building built in 1962
- Eight one‑bedroom flats on an oversized lot
- Five remodeled units with in‑unit laundry and SB721 compliance
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 | $199.8k | $60.00 |
| − Vacancy | −$12.6k | −$3.78 |
| EGI | $187.2k | $56.22 |
| − OpEx | −$84.2k | −$25.30 |
| NOI | $103.0k | $30.92 |
3,330 SF · lease $60.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.47M
$1.29M – $1.72M
NOI $102,967 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$16.27M
$14.23M – $18.98M
NOI $1,138,598 @ 7.0% cap · market cap 34.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,321
Businesses Nearby
Explore this area
Business Placement
Demographics for 94110, CA
68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight one-bedroom flats on an oversized lot, with in-unit laundry in five remodeled units and a TPO roof installed in 2022.
Where is this apartment building located?
The property is located at 257 San Jose Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $3,298,000.
What are key features of this property?
This property features: 8‑unit mid‑century modern apartment building built in 1962; Eight one‑bedroom flats on an oversized lot; Five remodeled units with in‑unit laundry and SB721 compliance
