Victorian Quadplex with Detached
New
For Sale
$1,795,000
449-453 Chestnut St, San Francisco, CA 94133
Four-unit residential income property with in-unit laundry and a vacant cottage offering separate outdoor space.
Property Size4,806 SF
Price / SF$373.49
Days on Market3
Property Features for 449-453 Chestnut St
General Information
Standard status
Active
Size
4,806 SF
Property subtype
Multi Family
Amenities
in-unit laundry
shared garden
private outdoor space
Building Details
Year Built
1907
Construction
Victorian
Tenancy
Multi
Listing Agency:
DUDUM REAL ESTATE GROUP
(925) 255-5013
Listed By:
Jacob Adams · License #02090183
(925) 255-5013
Source:
Exitrealty
Added: Jul 31
Changed: Aug 2
Last Checked: Aug 2 at 4:06AM
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 DUDUM REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This 1907 Victorian quadplex contains four residential units totaling 4,806 square feet. The primary building includes in-unit laundry throughout. The residences at 449 and 451 Chestnut each have two bedrooms, one bathroom, a family room, and a living room. The unit at 453 Chestnut includes one bedroom, one bathroom, a living room, and an office, and is currently tenant-occupied.
A detached cottage at 453A is delivered vacant and provides two bedrooms, one bathroom, a living room, and private outdoor space separate from the shared garden. The property is located at 449-453 Chestnut Street in San Francisco's North Beach, near Washington Square, local cafes and restaurants, the Financial District, and the Embarcadero.
A detached cottage at 453A is delivered vacant and provides two bedrooms, one bathroom, a living room, and private outdoor space separate from the shared garden. The property is located at 449-453 Chestnut Street in San Francisco's North Beach, near Washington Square, local cafes and restaurants, the Financial District, and the Embarcadero.
Key Highlights
- 1907 Victorian four‑unit property totaling 4,806 square feet
- Two‑bedroom layouts at 449 and 451 Chestnut, each with one bath, family room, and living room
- 453 Chestnut includes one bedroom, one bath, living room, and office
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 | $302.8k | $63.00 |
| − Vacancy | −$19.1k | −$3.97 |
| EGI | $283.7k | $59.03 |
| − OpEx | −$127.7k | −$26.56 |
| NOI | $156.0k | $32.47 |
4,806 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.44M
$2.14M – $2.85M
NOI $170,803 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$2.23M
$1.95M – $2.60M
NOI $156,037 @ 7.0% cap · market cap 8.69%
Theoretical Best
Specialty Retail
$23.48M
$20.54M – $27.39M
NOI $1,643,274 @ 7.0% cap · market cap 91.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,987
Businesses Nearby
Explore this area
Business Placement
Demographics for 94133, CA
26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
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?
Quadplex - Four-unit residential income property with in-unit laundry and a vacant cottage offering separate outdoor space.
Where is this quadplex located?
The property is located at 449-453 Chestnut St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 1907 Victorian four‑unit property totaling 4,806 square feet; Two‑bedroom layouts at 449 and 451 Chestnut, each with one bath, family room, and living room; 453 Chestnut includes one bedroom, one bath, living room, and office
