37-41 John Street

San Francisco, CA 94133
Beds
7
Baths
4
$1,850,000
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 $225,579Read MoreRead Less
Courtesy of Haley Zhao, Andersen, Jung & Co., .
Listing Snapshot
Days Online
49
Last Updated
Beds
7
Full Baths
4
Lot Size
0.03 Acres
Year Built
1909
MLS Number
426125508
30 Days Snapshot Of 94133
$2.26M
-21%
(avg) sold price
7
+16%
homes sold
77
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Free-Standing Gas Range, Free-Standing Refrigerator, Other
Basement
Basement: Unfinished
Building
Built in 1909, Architectural style: Traditional, Construction materials: Frame, Plaster, Wood Siding, Levels: Four, 4 stories
Accessibility Features
Accessibility features: Grab Bars
Heating
Baseboard, Hot Water
Laundry
Common Area
Lot
0.0319 acres, 1,390 square feet, Shape Regular
Property
Zoning: RH-3
Roof
Asphalt
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Utilities
Electric: 220 Volts, Separate Meter, Gas: Separate Meter, Cable Available, City, Electricity Available, Internet Available, Natural Gas Connected
Windows
Dual Pane Partial, Screens
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Dan Chang
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.