Multifamily Property for Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Francisco, CA 94102

Description

Marcus & Millichap is pleased to present 305 Oak Street, San Francisco, CA, a fully stabilized 5-unit multifamily property located in one of San Francisco's most desirable neighborhoods. The property comprises spacious one-bedroom units, totaling 3,950 rentable square feet. Each unit features well-maintained interiors with potential for cosmetic upgrades to further enhance appeal. With a consistent rental history, this asset provides immediate cash flow and long-term growth potential. Currently, priced slightly below market rents, the property offers significant upside opportunity through future rent increases. Currently generating a strong cap rate of 5.08%, with a pro forma cap rate of 8.04%, this property delivers a solid return while offering substantial potential for rent growth, making it an attractive investment for new ownership. The combination of in-place cash flow, strong occupancy, and the opportunity to capitalize on rent increases makes 305 Oak Street, San Francisco, CA an ideal addition to any portfolio. Situated in the highly sought-after San Francisco neighborhood, 305 Oak Street benefits from its proximity to the city's major employment centers, including the growing tech sector and the renowned financial district. This location offers easy access to public transit, making it highly attractive to tenants in the tech industry, including companies such as Google, Facebook, and other prominent startups. The property is just minutes from world-class dining, entertainment, and shopping in the heart of San Francisco, ensuring consistent demand for rental units in the area. Additionally, the property is well-positioned near major transportation routes, including highway access and public transit hubs, providing seamless connectivity to the entire Bay Area. The surrounding neighborhood features a mix of residential and commercial developments, making it an ideal location for tenants who value both convenience and a vibrant urban lifestyle. With its prime l

Market Context

This multifamily in San Francisco, CA is listed for sale. It is offered at an approximate 5.5% 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 5.5% asking cap rate is above the San Francisco multifamily market average of about 5.2%, implying a higher yield (and typically more risk or upside) than 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.

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