37-41 John ST, San Francisco, CA 94133
37-41 John ST, San Francisco, CA 94133
37-41 John ST, San Francisco, CA 94133
37-41 John ST, San Francisco, CA 94133
37-41 John ST, San Francisco, CA 94133
37-41 John ST, San Francisco, CA 94133
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Michael Green

Michael Green

+1(209) 635-2455
Listed by Haley Zhao Andersen, Jung & Co.
$ 1,850,000
Est. payment | /mo

7 Beds

4 Baths

1,389 Sqft Lot

Save
$ 1,850,000
Est. payment | /mo
Save

7 Beds

4 Baths

1,389 Sqft Lot

Open House

Tue Jun 23, 9:00am - 11:00am

Sun Jun 28, 1:00pm - 3:00pm

Tue Jun 30, 9:00am - 11:00am

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 426125508

Style Traditional

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1909

Lot Size 1,389 Sqft

Acres 0.0319

Property Sub-Type Multi Family

New Construction Yes

Property Description

Held under the same family ownership for nearly 50 years, 37-41 John St. is a well-maintained 1909 apartment building located at the intersection of North Beach, Chinatown, and Nob Hill. Offered at $1,850,000, this 7 unit property is priced at approximately $264,000 per unit, presenting a rare entry point for San Francisco multifamily investors. The property features five tenant-occupied units and two vacant units, creating immediate leasing and value-add opportunities. The unit mix consists primarily of one-bedroom, one-bath layouts, several of which have been remodeled or updated. Major capital improvements have already been completed, including a soft-story seismic retrofit in 2022, full exterior repainting in 2024, and approximately $40,800 in interior renovations in 2025. At current rents, the property generates approximately $64,600 in annual NOI. At projected stabilized rents, the property is projected to achieve a 10.60% cap rate, 8.11 GRM, and approximately $225,579 in annual gross income. With Walk Score and Transit Score ratings of 100, residents enjoy immediate access to MUNI, cable cars, world-class dining, neighborhood retail, and major employment centers. Full offering memorandum, rent roll, income and expense statements, and disclosures available upon request. Buyer to independently verify all property information.

Location

State CA

County San Francisco

Area Sf District 8

Zoning RH-3

Rooms

Basement Unfinished

Interior

Heating Baseboard, Hot Water

Flooring Luxury Vinyl Plank, Wood

Fireplace No

Window Features Dual Pane Partial,Screens

Appliance Free-Standing Gas Range, Free-Standing Refrigerator, Other

Laundry Common Area

Exterior

Utilities Available Cable Available, City, Electricity Available, Internet Available, Natural Gas Connected

View City, City Lights, Downtown, Park/Greenbelt, San Francisco, Water

Roof Type Asphalt

Handicap Access Grab Bars

Building

Lot Description Shape Regular

Story 4

Sewer Public Sewer

Water Public, Water District

Architectural Style Traditional

Level or Stories Four

New Construction Yes

Schools

School District San Francisco

Others

Tax ID 0180027

San Francisco MLS - SFAR

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37-41 John ST

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