| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Fair |
| Demographics | 90th | Best |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 400 Anza St, San Francisco, CA, 94118, US |
| Region / Metro | San Francisco |
| Year of Construction | 1975 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
400 Anza St San Francisco Multifamily Investment
This 21-unit property sits in a top-quartile San Francisco neighborhood with strong rental demand fundamentals. According to WDSuite's CRE market data, the area demonstrates high-income tenant demographics and sustained occupancy patterns typical of established urban markets.
This Richmond District location ranks among the top 6 of 193 San Francisco metro neighborhoods, earning an A+ rating with exceptional amenity access and demographic strength. The area features 11.17 grocery stores per square mile and robust restaurant density, supporting tenant retention through walkable convenience. Neighborhood-level occupancy sits at 88.9%, with 59.3% of housing units occupied by renters, creating a stable rental market foundation.
Built in 1975, this property aligns with the neighborhood's average construction year of 1935, positioning it as relatively newer stock that may require less immediate capital investment compared to surrounding vintage buildings. The area's median household income of $183,027 ranks in the 98th percentile nationally, while contract rents averaging $2,588 reflect strong pricing power in this high-income submarket.
Demographics within a 3-mile radius show 412,120 residents with household incomes averaging $214,453. The area maintains 69.8% renter occupancy, with 37.3% of households earning over $200,000 annually. Forecasted data suggests continued household formation and rent growth potential, with projected median rents reaching $3,048 by 2028, supporting long-term revenue stability for multifamily assets.
School ratings average 4.0 out of 5, ranking in the 84th percentile nationally, while the neighborhood's 99th percentile amenity score reflects dense access to childcare, pharmacies, and parks. These livability factors support tenant retention and attract quality renters willing to pay premium rents for urban convenience and neighborhood stability.
Crime metrics place this neighborhood at 147th of 193 metro neighborhoods, indicating middle-tier safety performance relative to San Francisco standards. Property offense rates have declined 21.0% year-over-year, while violent crime has decreased 23.4%, suggesting improving security trends that may support tenant retention and leasing velocity.
The neighborhood's 36th percentile national ranking for overall crime reflects the urban density typical of San Francisco submarkets. Investors should consider these metrics alongside the area's strong demographic profile and amenity access when evaluating tenant appeal and long-term occupancy stability.
The property benefits from proximity to major corporate headquarters and offices within a 3-mile radius, providing workforce housing opportunities for high-income professionals in finance, healthcare, and technology sectors.
- McKesson Ventures — healthcare services (2.7 miles)
- McKesson — healthcare services (2.7 miles) — HQ
- Wells Fargo — financial services (2.8 miles) — HQ
- Pfizer — pharmaceutical (2.9 miles)
- Salesforce.com — technology (3.2 miles) — HQ
This Richmond District asset offers exposure to San Francisco's premium rental market through a 21-unit property in a top-tier neighborhood with strong fundamentals. The 1975 construction year positions the building as newer vintage relative to neighborhood norms, potentially reducing near-term capital expenditure requirements while maintaining competitive positioning. High-income demographics within a 3-mile radius, averaging $214,453 in household income, support sustained demand for quality rental housing.
Neighborhood-level metrics demonstrate rental market stability, with 88.9% occupancy and 59.3% renter-occupied units creating consistent demand dynamics. Commercial real estate analysis from WDSuite indicates the area's A+ rating reflects superior amenity access, school quality, and demographic strength compared to metro peers. Projected household growth and rent increases to $3,048 by 2028 suggest continued revenue potential, though investors should monitor the area's middle-tier crime metrics and competitive rental supply.
- Top 6 neighborhood ranking among 193 San Francisco metro areas with A+ rating
- High-income tenant base with $183,027 median household income (98th percentile nationally)
- Proximity to major employers including Wells Fargo, McKesson, and Salesforce headquarters
- 1975 construction offers newer vintage positioning with potential capital expenditure advantages
- Crime trends show improving safety metrics with property and violent offense rates declining over 20%