Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    135 8th St, Unit 139 San Francisco, CA 94103-2767

    • Apartment buildings
    • 5,720 SF
    • 0.03 lot acres
    OFF-MARKET
    Last Sale
    Apr 20, 2023
    $3,495,000
    Value Estimations
    $3,785,000
    Show details
    Cap Rate Potential
    4.8%
    Apartment buildings
    Location Intelligence
    Property ID
    US09-5844979
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Trinity Plaza / Apartment Building

    Property Details for 135 8th St

    Year built
    1909
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    5,720 SF
    Zone code
    SLR
    Property type
    Apartment buildings
    APN
    3727 -113
    APU
    3727113

    Description

    This exceptional multifamily investment opportunity is situated in San Francisco's vibrant South of Market district. The property, located at 135-139 8th Street, consists of a four-story, 5,720 square foot building constructed in 1909. This corner lot property, encompassing 0.03 acres, features six residential units and one ground-floor commercial space currently operating as a restaurant. The building boasts a 100% occupancy rate, generating a net operating income (NOI) of $165,882, resulting in a 4.88% capitalization rate. The property is zoned SLR and its convenient location offers proximity to numerous shops, diverse restaurants, major tech companies including Twitter and Uber, and the Civic Center Station. The asking price for this well-maintained asset is $3,400,000. This presents a compelling opportunity for investors seeking a stable, high-performing property in a desirable San Francisco location. The building's strong performance and prime location make it an attractive investment prospect. The property's APN is 3727-113.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,890,000
      ML approach
      $3,810,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,095,000
      6.5%
      $2,855,000
      7%
      $2,655,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,969,000
      Market price range: $1.28M - $2.97M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.413
    Latitude
    37.7772
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $50,180
    $2,433,745
    $1,622,496
    $4,056,241
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $445,000
      0.66 Acres

      400 Clementina St

      APARTMENT HOUSE (5+ UNITS) • 0.66 Acres
      400 Clementina St, San Francisco, CA 94103-4163
      View Details
    • Value Estimation
      $640,000
      2.93 Acres

      33 8th St

      APARTMENT HOUSE (5+ UNITS) • 2.93 Acres
      33 8th St, San Francisco, CA 94103-1475
      View Details
    • Value Estimation
      $685,000
      2.23 Acres

      1185 Market St

      APARTMENT HOUSE (5+ UNITS) • 2.23 Acres
      1185 Market St, San Francisco, CA 94103-1513
      View Details
    • Value Estimation
      $790,000
      24.37 Acres

      1500 Msn St

      APARTMENT HOUSE (5+ UNITS) • 24.37 Acres
      1500 Msn St, San Francisco, CA 94103-2513
      View Details
    • Value Estimation
      $485,000
      0.18 Acres

      1863 Msn St

      APARTMENT HOUSE (5+ UNITS) • 0.18 Acres
      1863 Msn St, San Francisco, CA 94103-3501
      View Details
    • Value Estimation
      $670,000
      2.10 Acres

      1532 Harrison St

      APARTMENT HOUSE (5+ UNITS) • 2.10 Acres
      1532 Harrison St, San Francisco, CA 94103-4531
      View Details

    Similar Nearby for Sale

    • $1,950,000
      4,919 SF

      SOMA Mixed-Use Investment Opportunity

      Historic San Francisco 4-unit building, prime location.
      9 Grace St, San Francisco, CA 94103
      View Details
    • $7,349,000
      35,893 SF

      Mission District Mixed-Use Development

      Fully entitled mixed-use development in San Francisco's Mission District.
      1726 Mission St, San Francisco, CA 94103
      View Details
    • $2,049,600
      5,124 SF

      Mission District Retail Condo

      5,124 SF Retail Condo, $400/SF
      2761 16Th St, San Francisco, CA 94103
      View Details
    • $299,000
      423 SF

      Ground Floor Condo in San Francisco

      Flexible-use condo in vibrant Mission/SoMa, ideal for live/work.
      Duboce Ave, San Francisco, CA 94103
      View Details
    • $9,500,000
      41,715 SF

      Mission Street Executive Offices

      41,715 SF Office Building, San Francisco
      1680 Mission St, San Francisco, CA 94103
      View Details
    • $1,400,000

      Natoma Street Commercial Property

      Commercial property for sale in San Francisco.
      732-734 Natoma St, San Francisco, CA 94103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Development in SoMa

      Luxurious mixed-use development with apartments and retail in SoMa.
      1188-1190 Mission St, San Francisco, CA 94103
      View Details
    • Contact for pricing
      226,642 SF

      Potrero Center: Mission District Retail

      Prime San Francisco retail space, multiple suites available.
      2300 16Th St, San Francisco, CA 94103
      View Details
    • $7 SF/Yr
      55,560 SF

      The Redstone Building: Mission District Office

      55,560 SF Office Space, 11 Suites Available
      2940 16Th St, San Francisco, CA 94103
      View Details
    • $45 SF/Yr
      2,125 SF

      San Francisco Office Space Available

      Office space available for lease in San Francisco, CA.
      380 7Th St, San Francisco, CA 94103
      View Details
    • $22 SF/Yr
      11,000 SF

      Creative Office Space Available Now

      Furnished creative office space in a vibrant downtown location.
      972 Mission St, San Francisco, CA 94103
      View Details
    • Contact for pricing
      7,558 SF

      Office Space with Operable Windows

      Open-plan office space featuring conference rooms, kitchenette, and restrooms.
      351 Harriet St, San Francisco, CA 94103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    135 8th St, Unit 139
    San Francisco, CA 94103-2767
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.