Six-Unit Apartment
For Sale
$4,495,000
3554 Pierce Street, San Francisco, CA 94123
One-bedroom residences, on-site parking, and additional space identified for potential ADU conversion.
Property Size6,324 SF
Price / SF$710.78
Days on Market12
Property Features for 3554 Pierce Street
General Information
Standard status
Active
Size
6,324 SF
Total Parking Spaces
3
Property subtype
Multi-family
Units
Unit Mix
6 x 1BR
Multifamily Units
6
Building Details
Year Built
1927
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Daniel Buckley Chavez · License #01962446
(650) 576-5708
Source:
Sevengables
Added: Sep 26
Changed: Oct 6
Last Checked: Oct 7 at 1:34PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1927, this San Francisco apartment property contains six one-bedroom residences across 6,324 square feet. The building also has three on-site parking spaces and additional space identified as suitable for ADU conversion.
The property is in the Marina District, with neighborhood shopping, dining, and recreation among the surrounding amenities.
The property is in the Marina District, with neighborhood shopping, dining, and recreation among the surrounding amenities.
Key Highlights
- Six one‑bedroom apartments in a 6,324‑square‑foot building
- Three on‑site parking spaces
- Additional space identified for potential ADU conversion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$205,322
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,106,440
$4.1M
Cap Rate 7%
$2,933,171
$2.9M
Cap Rate 9%
$2,281,356
$2.3M
Market Conditions
NOI Build-Up for 6,324 SF
Gross rent
$398.4K $63.00/SF
− Vacancy
−$25.1K −$3.97/SF
EGI
$373.3K $59.03/SF
− OpEx
−$168.0K −$26.56/SF
NOI
$205.3K $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%
$4,106,440
Cap Rate 7%
$2,933,171
Cap Rate 9%
$2,281,356
Alternative Uses
Best Use
Apartment 5plus
$2.93M
$2.57M – $3.42M
NOI $205,322 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$30.89M
$27.03M – $36.04M
NOI $2,162,310 @ 7.0% cap · market cap 48.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,354
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
Check the figures for this property
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 - One-bedroom residences, on-site parking, and additional space identified for potential ADU conversion.
Where is this apartment building located?
The property is located at 3554 Pierce Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Six one‑bedroom apartments in a 6,324‑square‑foot building; Three on‑site parking spaces; Additional space identified for potential ADU conversion
