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Permitted Residential Development Site

930 Baker Street San Francisco, CA 94115

930 Baker Street, San Francisco, CA, 94115
$2,995,000
For Sale
$2,995,000

Fully permitted, shovel-ready street-to-street lot with approved plans for a new residential building of up to four units.

Property Size8,000 SF
Price / SF$374.38
Days on Market14

Property Features for 930 Baker Street

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Quadruplex
Listing agency Compass
Listed by Butch Haze
Source Gregglynn
Added: Jul 8 Updated: Jul 21 at 2:03AM Checked: Jul 21 at 6:15AM

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 Compass


Investment Insights

Based on property information with market context.

This fully permitted, shovel-ready development site is a street-to-street lot with approved plans for a new residential building of up to 8,000+ square feet and up to four units. The proposed design is described as maximizing light and views, and the site is presented with panoramic downtown views. Design is noted as by EAG Studios and Vincent Leger.

The property is positioned just blocks from the University of San Francisco, Kaiser Permanente Medical Center, and Golden Gate Park.

For developers seeking a permitted project with plans already in place and the flexibility of a four-unit residential build, this site offers a defined, ready-to-proceed development path based on the approved scope.

Key Highlights

  • Fully permitted, shovel‑ready street‑to‑street development site in San Francisco
  • Approved plans for a new residential building of up to 8,000+ SF and up to four units
  • Street‑to‑street lot with approved project designed to capture panoramic downtown views

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 $504.0k $63.00
− Vacancy −$31.8k −$3.97
EGI $472.2k $59.03
− OpEx −$212.5k −$26.56
NOI $259.7k $32.47
8,000 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$4.06M
$3.55M – $4.74M (±1% cap)
NOI $284,316 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$3.71M
$3.25M – $4.33M (±1% cap)
NOI $259,736 @ 7.0% cap · market cap 8.67%
Theoretical Best
Specialty Retail
$39.08M
$34.19M – $45.59M (±1% cap)
NOI $2,735,370 @ 7.0% cap · market cap 91.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Auto Parts Store Law Firm Grocery & Convenience Store Barber Shop Mobile Phone Store Butcher Home Appliance Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully permitted, shovel-ready street-to-street lot with approved plans for a new residential building of up to four units.
Where is this quadplex located?
The property is located at 930 Baker Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Fully permitted, shovel‑ready street‑to‑street development site in San Francisco; Approved plans for a new residential building of up to 8,000+ SF and up to four units; Street‑to‑street lot with approved project designed to capture panoramic downtown views
Contact an agent
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