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447-451 Green St 5 Unit Apartment Building $3,238,253 CAD ($647,651 CAD/Unit) 5.30% Cap Rate San Francisco, CA 94133



Executive Summary
447 Green Street is a rare opportunity to acquire a well-located 2-building compound on the western slope of Telegraph Hill. Situated on 2 parcels totaling approximately 6,375 square feet, the property features 5 full-floor three-bedroom flats with formal living and dining rooms, hardwood floors, in-unit washer and dryers, abundant natural light and sweeping views of Coit Tower from most units. Several units include renovated kitchens and baths. The front building on Green Street contains three flats, including one unit that will be delivered vacant, along with two-car tandem parking delivered vacant and storage space.
Tucked beside the rear building is a charming courtyard leading to two additional flats, a private deck and an entrance on Pollard Place just off Vallejo Street. With low operating expenses - as residents cover water, heat and garbage--the property presents an exceptional investment opportunity for both investors and owner-users seeking upside through the vacant flat and parking. Just steps from North Beach's celebrated restaurants, cafes, nightlife and retail corridors, and only blocks from Jackson Square and the Financial District, the property offers an unmatched combination of location, character and long-term potential.
Features:
• 2 Parcels, 2 Buildings
• 5 Large 3-Bed Flats
• Ideal Telegraph Hill / North Beach Location
• Formal Living & Dining Rooms
• Delivered Vacant: 1 Flat + 2-Car Parking
• Potential for Condo Conversion (2 units)
• Upside in Rents
• Opportunity to Add ADU
• Separate Entrance Just Off Vallejo Street
• Natural Light in Units
• Spectacular Views of North Beach & Telegraph Hill
• Quaint Central Yard & Rear Deck
• Low Expenses - Residents Cover Hot Water, Heat & Garbage
• Nearby Transit Options
• Nightlife, Restaurants & Retail Nearby
• Jackson Square & Financial District Blocks Away
Tucked beside the rear building is a charming courtyard leading to two additional flats, a private deck and an entrance on Pollard Place just off Vallejo Street. With low operating expenses - as residents cover water, heat and garbage--the property presents an exceptional investment opportunity for both investors and owner-users seeking upside through the vacant flat and parking. Just steps from North Beach's celebrated restaurants, cafes, nightlife and retail corridors, and only blocks from Jackson Square and the Financial District, the property offers an unmatched combination of location, character and long-term potential.
Features:
• 2 Parcels, 2 Buildings
• 5 Large 3-Bed Flats
• Ideal Telegraph Hill / North Beach Location
• Formal Living & Dining Rooms
• Delivered Vacant: 1 Flat + 2-Car Parking
• Potential for Condo Conversion (2 units)
• Upside in Rents
• Opportunity to Add ADU
• Separate Entrance Just Off Vallejo Street
• Natural Light in Units
• Spectacular Views of North Beach & Telegraph Hill
• Quaint Central Yard & Rear Deck
• Low Expenses - Residents Cover Hot Water, Heat & Garbage
• Nearby Transit Options
• Nightlife, Restaurants & Retail Nearby
• Jackson Square & Financial District Blocks Away
Property Facts
| Price | $3,238,253 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $647,651 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 5.30% | Building Size | 6,375 SF |
| Gross Rent Multiplier | 12.29 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1907 |
| Property Subtype | Apartment | ||
| Zoning | RM-1 | ||
| Price | $3,238,253 CAD |
| Price Per Unit | $647,651 CAD |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Gross Rent Multiplier | 12.29 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,375 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1907 |
| Zoning | RM-1 |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 5 | - | 1,275 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,483,230 CAD | |
| Land Assessment | $2,224,860 CAD | Total Assessment | $3,708,090 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,224,860 CAD
Improvements Assessment
$1,483,230 CAD
Total Assessment
$3,708,090 CAD
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447-451 Green St
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