655 Hyde Street, San Francisco, CA 94109
Well-maintained 14-unit building with period details, RUBS, and in-building laundry near major neighborhood retail.
- Added:
- Jun 13, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 6:22 am
Property Features for 655 Hyde Street
General Information
- Standard status
- Active
- Size
- 7,932 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1913
Listing agent Cris Lamas License #02034056
Listing office Urban Capital of San Francisco
Listing date Jun 13, 2026
Source Crexi
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 Urban Capital of San Francisco
HighLights
- 14‑unit multifamily building built in 1913 in Nob Hill
- 100% occupied with in‑place performance of 5.1% cap rate and 10.69 GRM on in‑place income
- Efficient all‑studio and one‑bedroom unit mix
- RUBS in place and on‑site laundry for residents
- Period details including an elegant arched entry and ornate cornice work
- 98 Walk Score; close to Whole Foods and Trader Joe's
Overview
Located in Nob Hill, the building benefits from a reported 98 Walk Score, placing residents near Whole Foods, Trader Joe’s, and a range of neighborhood dining and retail. The asset is currently 100% occupied.
For buyers seeking an income-oriented residential asset, 655 Hyde offers in-place performance on the current rent roll, with underwriting referenced at a 5.1% cap rate and a 10.69 GRM on in-place income. Additional details provided include a 35%+ rent roll upside figure tied to turnover-driven improvements, along with noted low repositioning risk. This combination of occupancy, unit mix, and operational setup—including RUBS and on-site laundry—supports a practical, hands-on approach to managing a small multifamily building in San Francisco.
Local 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 | $459.7k | $57.96 |
| − Vacancy | −$29.0k | −$3.65 |
| EGI | $430.8k | $54.31 |
| − OpEx | −$193.8k | −$24.44 |
| NOI | $236.9k | $29.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.416803
- Latitude
- 37.786982
