Three-Unit Apartment
633-635 Central Avenue San Francisco, CA 94117
New
633-635 Central Avenue, San Francisco, CA, 94117
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For Sale
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Well-maintained three-unit apartment building with on-site laundry, storage in the basement, and two parking spaces.
Property Size2,800 SF
Price / SF$535.71
Days on Market4
Property Features for 633-635 Central Avenue
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1904
Listing Agency
Colliers - San Francisco, California
Listed by
Brad Lagomarsino · License #CA 01058500
Source
Crexi
Added: Jul 13 Checked: Jul 15 at 3:19 am
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 Colliers - San Francisco, California
Investment Insights
Based on property information with market context.
633-635 Central Avenue is a well-maintained three-unit apartment building originally constructed in 1904. The property consists of two one-bedroom, one-bath units and one three-bedroom, two-bath unit, providing a mix of layouts. Building amenities include on-site laundry and a basement that offers storage potential. The gas service is separately metered.
The building also features completed Soft-Story seismic work and includes two on-site parking spaces.
Each unit offers classic San Francisco charm with functional layouts and abundant natural light, supporting comfortable everyday living for residents.
The building also features completed Soft-Story seismic work and includes two on-site parking spaces.
Each unit offers classic San Francisco charm with functional layouts and abundant natural light, supporting comfortable everyday living for residents.
Key Highlights
- Three‑unit apartment building built in 1904 with 2 one‑bedroom/1‑bath units and 1 three‑bedroom/2‑bath unit
- On‑site laundry and separately metered gas service
- Two on‑site parking spaces
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 | $151.2k | $54.00 |
| − Vacancy | −$9.0k | −$3.23 |
| EGI | $142.2k | $50.77 |
| − OpEx | −$42.6k | −$15.23 |
| NOI | $99.5k | $35.54 |
2,800 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.42M
$1.24M – $1.66M
NOI $99,511 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $90,908 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$13.68M
$11.97M – $15.96M
NOI $957,379 @ 7.0% cap · market cap 63.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-unit apartment building with on-site laundry, storage in the basement, and two parking spaces.
Where is this triplex located?
The property is located at 633-635 Central Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑unit apartment building built in 1904 with 2 one‑bedroom/1‑bath units and 1 three‑bedroom/2‑bath unit; On‑site laundry and separately metered gas service; Two on‑site parking spaces
