1821-1823 Oak St 5 Unit Apartment Building $3,024,626 CAD ($604,925 CAD/Unit) 4.70% Cap Rate San Francisco, CA 94117

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.