6-Unit Apartment
For Sale
$3,250,000
334 Noe Street, San Francisco, CA 94114
Studios and one-bedroom residences are paired with garage parking and updated building systems.
Property Size4,665 SF
Days on Market18
Property Features for 334 Noe Street
General Information
Standard status
Active
Size
4,665 SF
Property subtype
Multi Family
Building Details
Building Size
4,665 SF
Year Built
1928
Listing Agency:
Compass Commercial
Listed By:
John M Antonini · License #01842830
(415) 345-3000
Source:
Elevationrealestate
Added: Sep 21
Changed: Oct 6
Last Checked: Oct 7 at 4:27PM
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
Investment Insights
Based on property information with market context.
This 4,665-square-foot apartment property was built in 1928 and contains six residences: three studio units and three one-bedroom, one-bathroom units. Several apartments have renovated kitchens and bathrooms, and most windows have been replaced with double-pane units. Building work includes a soft-story retrofit, a modernized fire alarm, new exterior siding, and paint. The garage accommodates three cars in tandem. One apartment is expected to be vacant at delivery; all units have had tenants during the past three years.
The building occupies the corner of Noe and Market Streets. Nearby destinations include SF Fitness, Barry’s Bootcamp, Starbelly, Super Duper, the Castro Theatre, and a Muni train station.
The building occupies the corner of Noe and Market Streets. Nearby destinations include SF Fitness, Barry’s Bootcamp, Starbelly, Super Duper, the Castro Theatre, and a Muni train station.
Key Highlights
- Six apartments: three studios and three one‑bedroom, one‑bathroom units
- 4,665 square feet; built in 1928
- Tandem garage parking for three cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,459
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,029,180
$3.0M
Cap Rate 7%
$2,163,700
$2.2M
Cap Rate 9%
$1,682,878
$1.7M
Market Conditions
NOI Build-Up for 4,665 SF
Gross rent
$293.9K $63.00/SF
− Vacancy
−$18.5K −$3.97/SF
EGI
$275.4K $59.03/SF
− OpEx
−$123.9K −$26.56/SF
NOI
$151.5K $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%
$3,029,180
Cap Rate 7%
$2,163,700
Cap Rate 9%
$1,682,878
Alternative Uses
Best Use
Apartment 5plus
$2.16M
$1.89M – $2.52M
NOI $151,459 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$22.79M
$19.94M – $26.58M
NOI $1,595,063 @ 7.0% cap · market cap 49.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,031
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Studios and one-bedroom residences are paired with garage parking and updated building systems.
Where is this apartment building located?
The property is located at 334 Noe Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Six apartments: three studios and three one‑bedroom, one‑bathroom units; 4,665 square feet; built in 1928; Tandem garage parking for three cars
