Stabilized Three-Unit
For Sale
$3,748,000
751753 Capp Street, San Francisco, CA 94110
Built in 1900, the property offers three units with 5–7 bedrooms and updated kitchens and baths.
Property Size5,500 SF
Price / SF$681.45
Days on Market23
Property Features for 751753 Capp Street
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Cap Rate
6.7%
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$45,677
Building Details
Year Built
1900
Construction
Victorian
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(650) 546-1030
Listed By:
Eymon Binesh · License #02060059
(650) 546-1030
Source:
Exitrealty
Added: Jul 23
Changed: Aug 8
Last Checked: Aug 14 at 5:19AM
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
Investment Insights
Based on property information with market context.
751–753 Capp Street is a fully stabilized three-unit multifamily property built in 1900, totaling approximately 5,500 square feet of living space. The building is 100% occupied and features an apartment mix of one 7-bedroom unit, one 6-bedroom unit, and one 5-bedroom unit. Updates include refreshed kitchens and baths, along with spacious open-concept living areas.
Located in San Francisco’s Mission District, the property sits within the Mission Area Plan and is positioned near restaurants, shopping, entertainment, public transit, and major employment centers. Current performance is supported by strong in-place income at a 6.70% CAP on current rents, with minimal management requirements described for the offering.
Located in San Francisco’s Mission District, the property sits within the Mission Area Plan and is positioned near restaurants, shopping, entertainment, public transit, and major employment centers. Current performance is supported by strong in-place income at a 6.70% CAP on current rents, with minimal management requirements described for the offering.
Key Highlights
- Built in 1900, 751‑753 Capp Street is a fully stabilized 3‑unit multifamily property in San Francisco’s Mission District.
- Approx. 5,500 SF of living space with a unit mix of one 7‑bedroom, one 6‑bedroom, and one 5‑bedroom unit.
- 100% occupied with strong in‑place income and a 6.70% cap rate on current rents.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$184,608
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,692,160
$3.7M
Cap Rate 7%
$2,637,257
$2.6M
Cap Rate 9%
$2,051,200
$2.1M
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$280.5K $51.00/SF
− Vacancy
−$16.8K −$3.05/SF
EGI
$263.7K $47.95/SF
− OpEx
−$79.1K −$14.39/SF
NOI
$184.6K $33.57/SF
Area
ZIP 94110
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,692,160
Cap Rate 7%
$2,637,257
Cap Rate 9%
$2,051,200
Alternative Uses
Best Use
Multifamily LT 5
$2.64M
$2.31M – $3.08M
NOI $184,608 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$2.43M
$2.13M – $2.83M
NOI $170,066 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$26.87M
$23.51M – $31.34M
NOI $1,880,567 @ 7.0% cap · market cap 50.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,570
Businesses Nearby
Explore this area
Business Placement
Demographics for 94110, CA
68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Built in 1900, the property offers three units with 5–7 bedrooms and updated kitchens and baths.
Where is this triplex located?
The property is located at 751753 Capp Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,748,000.
What are key features of this property?
This property features: Built in 1900, 751‑753 Capp Street is a fully stabilized 3‑unit multifamily property in San Francisco’s Mission District.; Approx. 5,500 SF of living space with a unit mix of one 7‑bedroom, one 6‑bedroom, and one 5‑bedroom unit.; 100% occupied with strong in‑place income and a 6.70% cap rate on current rents.
