6-Unit Apartment
3324 Broderick Street San, San Francisco, CA 94123
For Sale
$4,900,000
Six two-bedroom homes share common laundry, with in-unit machines in four apartments.
Property Size5,700 SF
Price / SF$859.65
Days on Market86
Property Features for 3324 Broderick Street San
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
in-unit laundry
common laundry
recreation studio
backyard access
storage rooms
Asphalt
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
Urban Capital SF
Listed By:
Cris Lamas
Source:
Kw
Added: Aug 21
Changed: Nov 12
Last Checked: Nov 12 at 1:40PM
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 Urban Capital SF
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,700-square-foot apartment building contains six two-bedroom, one-bathroom residences averaging approximately 894 square feet each. The ground floor includes a 694-square-foot recreation studio with a full bath, kitchenette, and backyard access, along with five storage rooms. Parking is provided in a two-car tandem garage. Four apartments have in-unit laundry, and residents can also use the owner-owned common laundry. Gas and electricity are separately metered.
The building is at 3324 Broderick Street in San Francisco’s Marina District, one block from Chestnut Street. The Palace of Fine Arts is two blocks away, and the Marina Green is four blocks away. The roof was replaced in 2025, and seismic retrofit work was completed in 2015. The property was built in 1928. The reported financial metrics are a 5.34% cap rate and 12.47 GRM; the source also cites 46%+ rental upside.
The building is at 3324 Broderick Street in San Francisco’s Marina District, one block from Chestnut Street. The Palace of Fine Arts is two blocks away, and the Marina Green is four blocks away. The roof was replaced in 2025, and seismic retrofit work was completed in 2015. The property was built in 1928. The reported financial metrics are a 5.34% cap rate and 12.47 GRM; the source also cites 46%+ rental upside.
Key Highlights
- Six 2BR/1BA apartments averaging approximately 894 sq/ft in a 5,700 sq/ft building
- 694 sq/ft ground‑floor recreation studio with full bath, kitchenette, and backyard access
- Two‑car tandem garage and five ground‑floor storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,062
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,701,240
$3.7M
Cap Rate 7%
$2,643,743
$2.6M
Cap Rate 9%
$2,056,244
$2.1M
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$359.1K $63.00/SF
− Vacancy
−$22.6K −$3.97/SF
EGI
$336.5K $59.03/SF
− OpEx
−$151.4K −$26.56/SF
NOI
$185.1K $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%
$3,701,240
Cap Rate 7%
$2,643,743
Cap Rate 9%
$2,056,244
Alternative Uses
Best Use
Apartment 5plus
$2.64M
$2.31M – $3.08M
NOI $185,062 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.89M
$2.53M – $3.38M
NOI $202,575 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,836
Businesses Nearby
Explore this area
Business Placement
Demographics for 94123, CA
26,131
Population
14,883
Households
1.8
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
23,755
Density / Sq Mi
$222,689
Median Household Income
$142,336
Median Earnings
$3,248
Median Rent
$2,000,001
Median Home Value
Market
Average Price Trend$/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 - Six two-bedroom homes share common laundry, with in-unit machines in four apartments.
Where is this apartment building located?
The property is located at 3324 Broderick Street San San Francisco, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Six 2BR/1BA apartments averaging approximately 894 sq/ft in a 5,700 sq/ft building; 694 sq/ft ground‑floor recreation studio with full bath, kitchenette, and backyard access; Two‑car tandem garage and five ground‑floor storage rooms
