
San Francisco, CA 94109
Analysis of 665 Eddy Street, San Francisco, CA 94109 is currently available with a list price of $7,250,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While the structure dates to 1924, the majority of the 48 units were renovated within the last 8 years, placing it within the 5-15 year renovation window for a 'Good' rating. Interior images confirm modern updates including refinished hardwood floors, updated lighting, and the addition of in-unit laundry. Systems appear well-maintained with a 600-amp electrical service and individual metering.
Priced at an 8.2% cap rate and $257 per square foot, this asset offers exceptional immediate cash flow and a highly competitive entry point for the San Francisco market.
Units are separately metered for gas and electricity with individual wall heaters, significantly reducing landlord operating expenses and utility overhead.
The majority of the 48 units were updated within the past 8 years, minimizing near-term capital expenditures and turnover costs for the new owner.
Situated in the Tenderloin district, the property faces neighborhood-specific challenges regarding street conditions and safety, which can impact long-term appreciation and tenant profile.
With only five parking spaces for 48 residential units and a commercial space, the significant lack of on-site parking may be a drawback for a segment of prospective tenants.
665 Eddy Street is a 48 unit apartment building located in San Francisco's Tenderloin district. The property consists of twenty one 1bd/1ba, twenty four Studio, two 2bd/1ba, and a commercial space. There is garage parking for five cars in two separate garages. The units have generous floor plans with hardwood floors, high-ceilings, and great natural light. The upper floors have nice outlooks over the City. The majority of the units were updated within the past 8 years, helping to keep turnover costs to a minimum. The apartments are separately metered for gas and electricity and heat is supplied by individual wall heaters in order to lower landlord expenses. The main electrical panel indicates a 600 amp service. There is also an elevator for the tenant's convenience. The property is located a few blocks from Civic Center, making this an extremely convenient location. Public transportation, restaurants, and nightlife are all within walking distance. Priced at a 8.2% cap rate and $257 per square foot, this asset is priced to sell and will provide immediate cash flow for a new owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 25.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 28,200 | - |
| Lot Size | 7,562 | - |
| Price | $7.25M | $2.61M |
| Price per sq ft | $257 | $489 |
| Built year | 1924 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 169 |
Jun 29, 2026
$7,250,000
Initial Listing
Sep 11, 2018
$16,236,000
Public Record
Feb 14, 1996
$1,672,000
Public Record