A fully renovated, turnkey multifamily asset in the heart of San Francisco’s Lower Haight.
This best-in-class fourplex offers a rare opportunity for investors seeking stable cash flow, strong tenant demand, and long-term appreciation potential in one of the city’s most desirable rental markets. Positioned just minutes from major tech and AI employers, 811–815 Oak Street delivers a combination of scale, modern upgrades, and operational efficiency that is difficult to replicate in today’s market.
The property spans 5,725 square feet and features four extensively upgraded units—two 6-bed/3-bath, one 5-bed/3-bath, and one 2-bed/1-bath. Every unit has been thoughtfully redesigned with premium finishes, including vaulted ceilings, plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, LED lighting, and dual-pane windows. Behind the walls, the building benefits from fully updated electrical, plumbing, roofing, siding, and mechanical systems completed in a down-to-the-studs renovation beginning in 2019.
Current tenant profiles include high-income professionals working in technology, engineering, and business, resulting in 100% rent collections, no delinquencies, and minimal maintenance needs. Tenants reimburse for water, sewer, and trash, contributing to strong operational efficiency and reduced owner expenses.
With $366,660 in scheduled gross income, an NOI of $271,622, and a 6.04% cap rate at the asking price of $4,500,000, this multifamily property offers both immediate performance and future upside as units turn over to market rents.
Located in the vibrant Lower Haight neighborhood—known for its walkability, cafés, boutiques, and proximity to major employment centers—this property appeals to both renters and investors seeking high-quality, centrally located housing.
Key Property Features:
Turnkey, extensively renovated fourplex
5,725 SF across four large units
Two 6bd/3ba units, one 5bd/3ba, one 2bd/1ba
High-end interiors and fully updated building systems
High-income professional tenants with 100% collections
Tenant utility reimbursements
Scheduled GI: $366,660 | NOI: $271,622
Asking Price: $4,500,000
Prime Lower Haight location near major tech & AI firms
This is a standout opportunity for investors seeking a modernized, high-performing multifamily asset in San Francisco.