Multifamily Property for Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Francisco, CA 94115

Description

2850 Sacramento Street offers investors the rare opportunity to acquire a five-unit multifamily property in one of San Francisco’s most prestigious and historically stable neighborhoods—Pacific Heights. Built in 1905, this charming Edwardian-style building features distinct architectural character and strong curb appeal, combined with a desirable and flexible unit mix that appeals to a wide range of renters. The property consists of five well-configured residential units, including a large 4-bedroom/2-bath unit with small deck (vacant and perfect for owner user), a spacious 3-bedroom/1-bath, a 2-bedroom/1-bath, a 1-bedroom/1-bath, and a studio apartment. To the rear of the building is a patio area for use by all tenants in the building. The entire bottom floor consists of a massive currently vacant and unrented three car garage (up to five-car with tandem parking) with a bonus room (previously workout-room), and common laundry room with two washers and two dryers on lease. The superior building configuration and layout supports a mix of tenant profiles, including families, professionals working in the nearby medical and tech corridors, graduate students, and young urban renters seeking a premium neighborhood lifestyle. Positioned on a quiet block of Sacramento Street, the building is surrounded by some of San Francisco’s most attractive amenities. Residents enjoy being a half-block to Divisadero Street, and three-and-a-half blocks to Fillmore, providing immediate access to Fillmore Street’s vibrant shopping and dining district, nearby open green spaces including Lafayette Park and Alta Plaza Park, and proximity to major medical campuses such as UCSF and Sutter Health’s CPMC. Excellent public transit options and tech shuttle stops are located within walking distance, offering seamless connectivity to downtown San Francisco, the Financial District, and major employment hubs across the Bay Area. With strong in-place rental income, low historical vacancy, and potentia

Market Context

This multifamily in San Francisco, CA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 67 days. Compare it against other multifamily listings for sale in San Francisco, CA — <a href="/search/sale/multifamily/california/san-francisco">view the full market</a>.

As of Q1 2026, the San Francisco multifamily market showed average asking rents near $2998.00/unit/mo, rents up 5.8% year over year, and cap rates around 5.2%. Source: Consensus Q1 2026 market report.

Its 4.8% asking cap rate is below the San Francisco multifamily market average of about 5.2%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in San Francisco?
About 5.2% as of Q1 2026, per Consensus.

Contact

Explore this market

Similar Multifamily Property for Sale in San Francisco, CA