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 San Francisco. Built in 1923, the property features a desirable mix of studio and one-bedroom units totaling 18,750 square feet on a 0.16-acre lot. The asset is currently 96% occupied and generates stable in-place income with an NOI of approximately $406,014. In-place rents are materially below market, providing investors with a clear value-add strategy through rent growth and operational optimization. Offered at $5,875,000 ($235,000 per unit), the property delivers a 6.91% current cap rate with a projected 10.53% pro forma cap, positioning it as a compelling opportunity to acquire scale in a recovering San Francisco rental market.
425 Hyde Street
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.
- 96% occupied asset producing ~$406K NOI today, with pro forma NOI exceeding $618K post rent optimization.
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.
- 96% occupied asset producing ~$406K NOI today, with pro forma NOI exceeding $618K post rent optimization.
Investment Overview
425 Hyde Street is a 25-unit multifamily investment opportunity located in San Francisco. Built in 1923, the property features a desirable mix of studio and one-bedroom units totaling 18,750 square feet on a 0.16-acre lot. The asset is currently 96% occupied and generates stable in-place income with an NOI of approximately $406,014. In-place rents are materially below market, providing investors with a clear value-add strategy through rent growth and operational optimization. Offered at $5,875,000 ($235,000 per unit), the property delivers a 6.91% current cap rate with a projected 10.53% pro forma cap, positioning it as a compelling opportunity to acquire scale in a recovering San Francisco rental market.
Exclusively Listed By
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