Search
Permitted Residential Development Site
For Sale
$2,995,000

930 Baker Street, San Francisco, CA 94115

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 Market108

Property Features for 930 Baker Street

General Information

Standard status Active
Size 8,000 SF
Property subtype Quadruplex

Building Details

Building Size 8,000 SF
Listing Agency: Compass
Listed By: Butch Haze
Source: Gregglynn
Added: Jul 8 Changed: Oct 20 Last Checked: Oct 21 at 3:45AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$259,736
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,194,720 $5.2M
Cap Rate 7%
$3,710,514 $3.7M
Cap Rate 9%
$2,885,956 $2.9M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$504.0K $63.00/SF
− Vacancy
−$31.8K −$3.97/SF
EGI
$472.2K $59.03/SF
− OpEx
−$212.5K −$26.56/SF
NOI
$259.7K $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%
$5,194,720
Cap Rate 7%
$3,710,514
Cap Rate 9%
$2,885,956

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 authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

6,743
Businesses Nearby

Demographics for 94115, CA

35,853
Population
19,312
Households
1.9
Avg Household Size
38
Median Age
74%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
32,594
Density / Sq Mi
$154,264
Median Household Income
$103,538
Median Earnings
$2,380
Median Rent
$1,684,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved