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Five-Unit Apartment Building - FOR SALE

$2,200,000

1821 Oak Street, San Francisco, CA 94117

Active
Last Updated: 05/21/2026

4.7

Cap Rate

103,194.3

NOI

Details:
Cap Rate:    4.7%
NOI:    $103,194.30
Building Size:    4,457 sqft
Lot Area:    3,436 sqft
Units:    5
GRM:    14.2
Year Built:    1900
Price Per Sqft:    $494
Price Per Unit:    $440,000
Zoning:    RM-2
Floors:    3
Highlights:
  • Five-unit apartment building totaling approx. 4,457 SF
  • Unit mix: Three 2Br/1Ba, One 1Br/1Ba & One Studio
  • Fully occupied with strong rental upside potential
  • Earthquake retrofit completed & electrical systems updated
  • Separately metered for gas & electric
  • Select remodeled kitchens and baths
  • Large landscaped backyard with direct access from ground-floor flat
  • Large one-car garage, tenant storage & professional management
Description:

1821 Oak Street is a well-maintained five-unit apartment building located in the heart of San Francisco’s sought-after NOPA neighborhood. The property consists of three spacious 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio apartment totaling approximately 4,457 square feet. Fully occupied and professionally managed, the building offers stable in-place income with attractive future rental upside potential.

The property has benefited from extensive system and capital improvements including completed earthquake retrofit work, updated electrical systems, and separate gas and electric metering for each unit. Several apartments have been remodeled with updated kitchens and baths while maintaining bright, spacious, and functional layouts.

A large landscaped rear yard provides an uncommon outdoor amenity for tenants, including direct access from the expansive ground-floor flat. Additional features include a large one-car garage and dedicated tenant storage areas. Clean, well cared for, and thoughtfully maintained, 1821 Oak Street presents an exceptional opportunity to acquire a pride-of-ownership multifamily asset in one of San Francisco’s most desirable rental locations.

Location Description
1821 Oak Street is ideally situated in San Francisco’s vibrant NOPA district, just steps from the Panhandle and within close proximity to Golden Gate Park. The neighborhood is known for its blend of classic San Francisco architecture, walkable streets, and strong tenant demand.

Residents enjoy convenient access to popular neighborhood cafes, restaurants, grocery stores, and retail along Divisadero Street and nearby Haight Street. The property also benefits from excellent public transportation options and easy connectivity to Downtown San Francisco, UCSF, and major commuter routes.

With its central location, abundant outdoor amenities, and enduring neighborhood appeal, NOPA continues to be one of San Francisco’s most desirable residential rental markets.

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