6-Unit Apartment
74-84 Spencer Street, San Francisco, CA 94103
For Sale
$2,300,000
All residences are occupied, with a mix of one- and two-bedroom layouts.
Property Size5,120 SF
Price / SF$449.22
Days on Market26
Property Features for 74-84 Spencer Street
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
JODI Group
Listed By:
Jade Kwan
Source:
Gantproperties
Added: Oct 15
Changed: Nov 7
Last Checked: Nov 8 at 4:58PM
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 JODI Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This San Francisco apartment property contains six residences across approximately 5,120 square feet. The unit mix comprises two one-bedroom, one-bathroom apartments and four two-bedroom, one-bathroom apartments. The building dates to 1904 and is fully occupied.
Nearby destinations include Mission Dolores Park, Valencia Street, Tartine, and Bi-Rite, along with local restaurants and shops.
Nearby destinations include Mission Dolores Park, Valencia Street, Tartine, and Bi-Rite, along with local restaurants and shops.
Key Highlights
- Six apartments: two 1‑bedroom/1‑bath units and four 2‑bedroom/1‑bath units
- Approximately 5,120 square feet of building area
- Fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,231
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,324,620
$3.3M
Cap Rate 7%
$2,374,729
$2.4M
Cap Rate 9%
$1,847,011
$1.8M
Market Conditions
NOI Build-Up for 5,120 SF
Gross rent
$322.6K $63.00/SF
− Vacancy
−$20.3K −$3.97/SF
EGI
$302.2K $59.03/SF
− OpEx
−$136.0K −$26.56/SF
NOI
$166.2K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,324,620
Cap Rate 7%
$2,374,729
Cap Rate 9%
$1,847,011
Alternative Uses
Best Use
Apartment 5plus
$2.37M
$2.08M – $2.77M
NOI $166,231 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.60M
$2.27M – $3.03M
NOI $181,963 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,723
Businesses Nearby
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in San Francisco, CA
Properties on Market for Apartment buildings in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are occupied, with a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 74-84 Spencer Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Six apartments: two 1‑bedroom/1‑bath units and four 2‑bedroom/1‑bath units; Approximately 5,120 square feet of building area; Fully occupied
