San Francisco Multifamily Investment
305 Oak St San Francisco, CA 94102
For Sale
$1,999,000
Five-unit multifamily property in a desirable San Francisco location.
Property Size3,950 SF
Price / SF$506.08
Days on Market112
Property Features for 305 Oak St
General Information
- Standard status
- Active
- Size
- 3,950 SF
- Property subtype
- Multifamily
Listing Agency:
Marcus & Millichap - Palo Alto
(415) 625-2161
Listed By:
Eymon Binesh · License #License(s): CA: 02060059
(415) 625-2161
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 23 at 2:39AM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
Located in San Francisco, CA, 305 Oak Street is a fully stabilized 5-unit multifamily property. The property features spacious one-bedroom units, totaling 3,950 rentable square feet. Each unit has well-maintained interiors with potential for cosmetic upgrades. The property has a consistent rental history and generates a strong cap rate of 5.08%, with a pro forma cap rate of 8.04%. The property is priced slightly below market rents, offering upside opportunity through future rent increases. The location provides easy access to public transit, making it attractive to tenants in the tech industry, including companies such as Google, Facebook, and other prominent startups. The property is minutes from dining, entertainment, and shopping in San Francisco. It is also near major transportation routes, including highway access and public transit hubs, providing connectivity to the Bay Area. The surrounding neighborhood features residential and commercial developments, making it an ideal location for tenants who value convenience and a vibrant urban lifestyle. The property promises long-term stability and potential for future appreciation.
Key Highlights
- Stabilized 5‑unit multifamily property in a highly desirable San Francisco neighborhood.
- Strong current cap rate of 5.08% with pro forma cap rate of 8.04%, indicating significant income potential.
- Below‑market rents offer substantial upside opportunity through future rent increases.
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 | $248.9k | $63.00 |
| − Vacancy | −$15.7k | −$3.97 |
| EGI | $233.2k | $59.03 |
| − OpEx | −$104.9k | −$26.56 |
| NOI | $128.2k | $32.47 |
3,950 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.83M
$1.60M – $2.14M
NOI $128,245 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$19.29M
$16.88M – $22.51M
NOI $1,350,589 @ 7.0% cap · market cap 67.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Five-unit multifamily property in a desirable San Francisco location.
Where is this apartment building located?
The property is located at 305 Oak St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Stabilized 5‑unit multifamily property in a highly desirable San Francisco neighborhood.; Strong current cap rate of 5.08% with pro forma cap rate of 8.04%, indicating significant income potential.; Below‑market rents offer substantial upside opportunity through future rent increases.
