| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 95th | Best |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 328 Tehama St, San Francisco, CA, 94103, US |
| Region / Metro | San Francisco |
| Year of Construction | 2007 |
| Units | 85 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
328 Tehama St San Francisco Multifamily Investment
This 85-unit property in San Francisco's urban core delivers strong NOI per unit averaging $19,883, positioning in the top quartile nationally among CRE market data from WDSuite.
Located in San Francisco's urban core, this neighborhood ranks among the top 5 of 193 metro neighborhoods for overall investment fundamentals. Built in 2007, the property aligns with the area's relatively modern housing stock, which averages 1999 construction and ranks in the 84th percentile nationally, indicating reduced near-term capital expenditure needs compared to older multifamily assets.
The neighborhood demonstrates exceptional amenity density with 175 restaurants per square mile and 18 grocery stores per square mile, both ranking in the top 5 metro positions. This amenity concentration supports tenant retention in a market where 54% of housing units are renter-occupied. Median household income within a 3-mile radius reaches $186,630, ranking in the 98th percentile nationally, while contract rents average $2,718 monthly, creating a manageable rent-to-income ratio that supports lease renewal stability.
Current neighborhood-level occupancy sits at 82.1%, though this reflects a 7.3 percentage point decline over five years, requiring attention to lease management and competitive positioning. The high-income demographic base, combined with elevated home values averaging $1.4 million, reinforces rental demand as ownership costs sustain renter reliance on multifamily housing. Population projections within the 3-mile radius show modest growth of 1.5% through 2028, supporting a stable tenant base.
Crime metrics present mixed signals requiring careful consideration. Property offense rates rank 187th among 193 metro neighborhoods with an estimated rate of 8,187 incidents per 100,000 residents, placing the area in the bottom quartile locally and 1st percentile nationally. However, property crime has declined 0.3% year-over-year, indicating some stabilization in security conditions.
Violent crime rates show more concerning patterns, ranking 185th of 193 neighborhoods with 2,580 incidents per 100,000 residents, though violent offenses have decreased 10.8% over the past year. Investors should factor security considerations into operational planning, including potential impacts on tenant retention, insurance costs, and property management protocols.
The immediate area benefits from proximity to major corporate headquarters and offices, providing workforce housing opportunities for professionals in healthcare, financial services, and technology sectors.
- McKesson — healthcare services (0.4 miles) — HQ
- Pfizer — pharmaceuticals (0.6 miles)
- PG&E Corp. — utilities (0.7 miles) — HQ
- Wells Fargo — financial services (0.8 miles) — HQ
- Charles Schwab — financial services (0.8 miles) — HQ
This 85-unit property offers exposure to San Francisco's high-income urban core market with NOI per unit averaging $19,883, ranking in the 98th percentile nationally. The 2007 construction vintage positions the asset competitively within a neighborhood that ranks top 5 of 193 metro areas for overall fundamentals, supported by exceptional amenity density and proximity to major corporate headquarters including McKesson, Wells Fargo, and Charles Schwab.
Demographics within a 3-mile radius show median household income of $186,630 and modest population growth projected through 2028, supporting rental demand stability. However, commercial real estate analysis reveals neighborhood-level occupancy challenges at 82.1% with a 7.3 percentage point five-year decline, requiring active lease management. High property crime rates ranking in the bottom quartile locally present operational considerations for security protocols and tenant retention strategies.
- Strong NOI performance at $19,883 per unit, ranking 98th percentile nationally
- Prime urban core location with exceptional amenity density and corporate proximity
- High-income demographic base with $186,630 median household income supporting rent levels
- 2007 construction reduces near-term capital expenditure requirements
- Risk considerations include declining occupancy trends and elevated crime metrics requiring operational focus