Four-Unit Residential
For Sale
$1,998,000
477 Burnett Avenue, San Francisco, CA 94131
Residential Income, San Francisco, CA
Property Size4,047 SF
Lot Size0.07 Acres
Price / SF$493.70
Days on Market67
Property Features for 477 Burnett Avenue
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
9
Bathrooms
7
Full bathrooms
6
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 6, Bathroom 6, Bedroom 3, Bedroom 8, Bedroom 5, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 2, Bathroom 5, Bathroom 7
Parking
2
Parking features
Garage
View
City, Bridge
Subdivision
SF District 5
Standard status
Active
APN
2779019
Size
4,047 SF
Lot size
0.07 Acres
Building Details
Year built
1965
Number of units
4
Listing Agency:
Compass
(415) 660-9955
Listed By:
Maryanne Diaz
(415) 577-4873
Added: Jul 8
Changed: Sep 11
Last Checked: Sep 12 at 3:06PM
MLS# 426160079
Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This San Francisco quadplex contains 4,047 square feet on a 0.0654-acre parcel. The property includes nine bedrooms, seven bathrooms, and garage parking, providing a substantial multi-unit residential layout. Built in 1965, it is classified as a quadplex and may support owner-occupancy or continued residential income use as described by the asset type.
The property is located at 477 Burnett Avenue in San Francisco, California 94131. The source information also describes broad city views and outdoor spaces associated with the property. Units A and B are currently occupied, and some marketing images have been digitally altered or virtually staged.
The property is located at 477 Burnett Avenue in San Francisco, California 94131. The source information also describes broad city views and outdoor spaces associated with the property. Units A and B are currently occupied, and some marketing images have been digitally altered or virtually staged.
Key Highlights
- Quadplex with 4,047 square feet of property size
- Nine bedrooms and seven bathrooms
- 0.0654‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$143,829
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,876,580
$2.9M
Cap Rate 7%
$2,054,700
$2.1M
Cap Rate 9%
$1,598,100
$1.6M
Market Conditions
NOI Build-Up for 4,047 SF
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.
Gross rent
$218.5K $54.00/SF
− Vacancy
−$13.1K −$3.23/SF
EGI
$205.5K $50.77/SF
− OpEx
−$61.6K −$15.23/SF
NOI
$143.8K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,876,580
Cap Rate 7%
$2,054,700
Cap Rate 9%
$1,598,100
Alternative Uses
Best Use
Multifamily LT 5
$2.05M
$1.80M – $2.40M
NOI $143,829 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$1.88M
$1.64M – $2.19M
NOI $131,394 @ 7.0% cap · market cap 6.58%
Theoretical Best
Specialty Retail
$19.77M
$17.30M – $23.06M
NOI $1,383,755 @ 7.0% cap · market cap 69.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,999
Businesses Nearby
Explore this area
Business Placement
Demographics for 94131, CA
28,810
Population
13,755
Households
2.1
Avg Household Size
41
Median Age
78%
College-Educated
98%
High-School Grad
2.0 sq mi
ZIP Area
14,405
Density / Sq Mi
$198,779
Median Household Income
$119,053
Median Earnings
$2,971
Median Rent
$1,749,500
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with garage parking and multiple bedrooms and bathrooms across a flexible configuration.
Where is this quadplex located?
The property is located at 477 Burnett Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Quadplex with 4,047 square feet of property size; Nine bedrooms and seven bathrooms; 0.0654‑acre parcel
