425 Hyde St - Apartments FOR SALE


San Francisco, CA 94109- Civic Center
$5,750,000 USD
650-546-1030
425 Hyde St, San Francisco, CA for Sale
$5,750,000 USD
Apartments - FOR SALE
1/57
null | 7.09% Cap Rate

425 Hyde St
San Francisco, CA 94109
Civic Center


HIGHLIGHTS

  • Built in 1923, the property consists of 25 units with a total building area of 18,750 square feet, situated on a 0.16-acre lot.
  • The property benefits from ground-floor garage parking and a total of 11 parking spaces, ensuring both tenant convenience and potential additional rev
  • 96% occupied asset producing ~$407K NOI today, with pro forma NOI exceeding $620K post rent optimization.

OVERVIEW

425 Hyde Street is a classic 25-unit San Francisco apartment building showcasing beautiful bay windows and timeless period charm. Offered at an attractive 7.1% current CAP rate, the property provides substantial upside through below-market rents, strategic unit improvements, and operational enhancements. Recent capital improvements include brand-new electrical infrastructure, complemented by 11 on-site garage parking spaces and individually metered utilities, providing investors with a well-maintained asset and reduced future capital expenditure needs. The property also offers the potential to reconfigure select one-bedroom units into larger two-bedroom layouts, creating meaningful long-term value. 425 Hyde Street offers investors the rare opportunity to acquire a classic San Francisco asset with strong in-place cash flow, significant value-add potential, and long-term appreciation in one of the city's most enduring rental markets.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

25

PRICE/UNIT

$230,000

CAP RATE

7.09%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

425 Hyde St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1923

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,852 SF

ZONING

RC-4

APN/PARCEL ID

0321-007

ASK ABOUT THIS PROPERTY

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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Eymon BineshMarcus & MillichapMore Info
650-546-1030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.