508-512 Sanchez Street San Francisco, CA 94114
Four-unit residential income property with a studio-to-three-bedroom unit mix and outdoor space in Castro/Eureka Valley.
- Added:
- Jun 9, 2026
- Days on Market:
- 36
- Last Refresh:
- Jun 20 at 9:32 am
Property Features for 508-512 Sanchez Street
General Information
- Standard status
- Active
- Size
- 3,201 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing office Colliers - San Francisco, California
Listing date Jun 9, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Colliers - San Francisco, California
Investment Insights
Based on property information with market context.
Located in San Francisco’s Castro/Eureka Valley area, the property is presented as being just moments from the Castro, Noe Valley, and Valencia Street retail corridors. The surrounding area is characterized as highly walkable, with convenient access to public transportation and major commuter routes, plus nearby grocery stores, restaurants, neighborhood cafes, shopping, and local boutiques.
For buyers or operators seeking a small, manageable multifamily asset, the range of unit sizes—from studios to three-bedroom residences—can appeal to individuals, couples, roommates, and families. The remarks also cite historically low tenant turnover, strong occupancy, and extensive system upgrades, which may support steadier day-to-day operations for an income-focused ownership strategy.
Key Highlights
- Four‑unit residential income property with a studio‑to‑three‑bedroom unit mix
- Year built: 1900
- Attractive outdoor space
Local Financial Insights For Multifamily LT 5
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 | $172.9k | $54.00 |
| − Vacancy | −$10.3k | −$3.23 |
| EGI | $162.5k | $50.77 |
| − OpEx | −$48.8k | −$15.23 |
| NOI | $113.8k | $35.54 |