5-Unit Mixed-Use
674-678 Haight Street San Francisco, CA 94117
674-678 Haight Street, San Francisco, CA, 94117
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For Sale
Contact for pricing
Fully occupied 5-unit mixed-use building with ground-floor retail and a diverse residential unit mix.
Property Size5,950 SF
Lot Size0.06 Acres
Price / SF$503.87
Days on Market57
Property Features for 674-678 Haight Street
General Information
- Standard status
- Active
- Size
- 5,950 SF
- Lot size
- 0.06 Acres
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1890
Listing agency
Marcus & Millichap - Palo Alto
(650) 391-1700
Listed by
Eymon Binesh · License #CA 02060059
Source
Crexi
Added: May 26 Updated: Jul 20 at 7:44PM Checked: Jul 20 at 7:44PM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
674-678 Haight Street is a fully occupied, 5-unit mixed-use asset built in 1890. The property totals approximately 5,950 gross square feet and sits on a 0.06-acre lot zoned NC1. The unit mix includes one ground-floor retail unit, two 2-bedroom/1-bath units with den, one additional 2-bedroom/1-bath unit, and one 1-bedroom/1-bath unit.
As currently operated, the building generates Net Operating Income (NOI) of $185,708.80, reflecting a 6.19% current cap rate and an 11.69 gross rent multiplier (GRM). The offering materials describe a rent-up and turnover-driven strategy to increase income, including bringing current leases to market upon tenant change.
Under that projection, NOI is estimated to reach $229,584.64, yielding a 7.66% pro forma cap rate and a 9.88 pro forma GRM.
As currently operated, the building generates Net Operating Income (NOI) of $185,708.80, reflecting a 6.19% current cap rate and an 11.69 gross rent multiplier (GRM). The offering materials describe a rent-up and turnover-driven strategy to increase income, including bringing current leases to market upon tenant change.
Under that projection, NOI is estimated to reach $229,584.64, yielding a 7.66% pro forma cap rate and a 9.88 pro forma GRM.
Key Highlights
- Fully occupied 5‑unit mixed‑use building at 674‑678 Haight St with 1 ground‑floor retail unit and 4 residential units
- Built in 1890; approximately 5,950 gross SF on a 0.06‑acre lot in San Francisco
- Unit mix includes two 2BD/1BA with den units, one 2BD/1BA unit, and one 1BD/1BA unit
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 | $374.9k | $63.00 |
| − Vacancy | −$23.6k | −$3.97 |
| EGI | $351.2k | $59.03 |
| − OpEx | −$158.1k | −$26.56 |
| NOI | $193.2k | $32.47 |
5,950 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Retail
$27.13M
$23.74M – $31.65M
NOI $1,898,803 @ 7.0% cap · market cap 63.34%
Second Best
Apartment 5plus
$2.76M
$2.41M – $3.22M
NOI $193,179 @ 7.0% cap · market cap 6.44%
Theoretical Best
Specialty Retail
$29.06M
$25.43M – $33.91M
NOI $2,034,431 @ 7.0% cap · market cap 67.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully occupied 5-unit mixed-use building with ground-floor retail and a diverse residential unit mix.
Where is this apartment building located?
The property is located at 674-678 Haight Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,998,000.
What are key features of this property?
This property features: Fully occupied 5‑unit mixed‑use building at 674‑678 Haight St with 1 ground‑floor retail unit and 4 residential units; Built in 1890; approximately 5,950 gross SF on a 0.06‑acre lot in San Francisco; Unit mix includes two 2BD/1BA with den units, one 2BD/1BA unit, and one 1BD/1BA unit
