Multifamily
425 Hyde Street
425 Hyde St, San Francisco, CA 94109
Listing Price: $5,750,000
Investment Overview
425 Hyde Street is a 25-unit multifamily investment opportunity located in the heart of San Francisco. Built in 1923, the property consists of a mix of one-bedroom and studio units totaling approximately 18,750 square feet and is currently 96% occupied. The asset offers substantial value-add potential, with current rents approximately 32% below market levels, providing investors with a clear path to increased cash flow and enhanced returns. Additional features include 11 garage parking spaces, individually metered gas and electricity, and a desirable urban location near employment, transit, retail, and dining amenities. The combination of stable in-place income, strong rental upside, and an attractive basis of approximately $230,000 per unit positions 425 Hyde Street as a compelling multifamily investment in one of San Francisco’s most dynamic rental markets.
Investment 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 revenue streams.
- Attractive current 7.15% cap rate with projected 11.73% pro forma cap rate through strategic rent growth and asset repositioning
Exclusively Listed By
Listing Price: $5,750,000
Investment 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 revenue streams.
- Attractive current 7.15% cap rate with projected 11.73% pro forma cap rate through strategic rent growth and asset repositioning
Investment Overview
425 Hyde Street is a 25-unit multifamily investment opportunity located in the heart of San Francisco. Built in 1923, the property consists of a mix of one-bedroom and studio units totaling approximately 18,750 square feet and is currently 96% occupied. The asset offers substantial value-add potential, with current rents approximately 32% below market levels, providing investors with a clear path to increased cash flow and enhanced returns. Additional features include 11 garage parking spaces, individually metered gas and electricity, and a desirable urban location near employment, transit, retail, and dining amenities. The combination of stable in-place income, strong rental upside, and an attractive basis of approximately $230,000 per unit positions 425 Hyde Street as a compelling multifamily investment in one of San Francisco’s most dynamic rental markets.
Exclusively Listed By