537 Hyde St San Francisco, CA 94109-7278
Individually Owned
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$170k
Range $153k – $187k (±10%)
Property ID
US09-6076985
Property summary
AI-generated overview
Exceptional investment opportunity in San Francisco's vibrant Tenderloin neighborhood. This well-maintained 1923 apartment building at 537 Hyde Street boasts 16 units: seven one-bedroom/one-bathroom apartments and nine studio units. The property encompasses approximately 11,748 square feet on a 5,153 square foot lot, zoned RC-4. The building offers a compelling 6.5% cap rate, generating a net operating income (NOI) of $193,626. The property features on-site laundry facilities and a sizable, well-maintained outdoor area for tenant use. Its prime location provides easy access to public transportation and numerous amenities, ensuring high tenant demand and strong rental income. The building's strong cash flow, coupled with potential for value enhancement through upgrades and rent increases, presents a significant return on investment. The property's financial performance is further highlighted by a Gross Scheduled Income of $341,630 and a Gross Rent Multiplier (GRM) of 8.8. This is a rare opportunity to acquire a well-positioned multifamily asset in a high-demand San Francisco location. APN: 0320-002. Asking price: $3,000,000.
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
11,748 SF
Lot
0.12 ac (5,153 SF)
Zoning code
RC4
APN
0320 -002
UPID
US09-6076985
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Language School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$170k
Owner & transaction history
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
RC4 · San Francisco, CA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$170k
Value range
$153k – $187k
±10% around blend
Estimated value / SF
$14 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
$153k
blend $170k
$187k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,748 SF
Lot area
0.12 ac
Year built
1923
Stories
4
APN
0320 -002
Assessed value
$3,720,415
Annual tax
$45,465
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.24M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.2 mi away · 12,585 SF
0.3 mi away · 12,261 SF
0.4 mi away · 10,230 SF
0.9 mi away · 8,340 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$170k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 229 sales
$369
-96%
Submarket 2260 sales
$386
-96%
County 2260 sales
$386
-96%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $14/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.41M
Move the market yield to see immediate price impact.
Value / SF
$205
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$152k
$3.04M
$2.17M
$1.69M
$169k
$3.37M
$2.41M
$1.87M
$186k
$3.71M
$2.65M
$2.06M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$2.60M
0.1 mi · Nov 2025 · $307/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$45,465
Tax year 2024
Assessed value
$3,720,415
Assessed 2024
Previous assessed
$3,720,415
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,289,765
Assessed improvement
$1,430,650
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Units
16
Rooms
39
Bathrooms
16
Total area
11,748 SF
Lot
0.12 ac (5,153 SF)
Zoning code
RC4
APN
0320 -002
UPID
US09-6076985
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
RC4 · San Francisco, CAZoning RC4 · permitted uses
RC4 · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Units
16
Rooms
39
Bathrooms
16
Lot
0.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RC4
Jurisdiction
San Francisco, CA
Recorded code
RC4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC4 in San Francisco, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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