| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Fair |
| Demographics | 76th | Good |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 804 Valencia St, San Francisco, CA, 94110, US |
| Region / Metro | San Francisco |
| Year of Construction | 1978 |
| Units | 20 |
| Transaction Date | 2006-02-23 |
| Transaction Price | $3,750,000 |
| Buyer | ANGELICOLA ANTHONY F |
| Seller | BARKER HELEN |
804 Valencia St San Francisco Multifamily Investment
Amenity-rich urban core location with a deep renter base supports leasing, while elevated ownership costs favor multifamily demand, according to WDSuite’s CRE market data.
This Urban Core neighborhood ranks 30th among 193 metro neighborhoods (A- rating), with amenities that are competitive at the metro level and top-tier nationally. High densities of restaurants, groceries, parks, and pharmacies place the area in the top quartile nationally for daily-needs access, reinforcing walkability and renter convenience based on commercial real estate analysis from WDSuite.
Renter-occupied housing accounts for a substantial share of units in the neighborhood (occupancy rental share), indicating depth in the tenant base and supporting demand for multifamily. Neighborhood occupancy trends have lagged recent metro performance, but strong household incomes and a high concentration of degree-holders suggest resilient leasing potential as conditions normalize.
Within a 3-mile radius, demographics show a large, affluent renter pool and forecast growth in households over the next five years, which points to a larger tenant base even as average household size trends lower. Median contract rents in the area have risen over the past five years, and projected rent gains further support revenue potential and pricing power with disciplined lease management.
Home values are elevated relative to incomes locally and nationally, creating a high-cost ownership market that tends to sustain reliance on multifamily housing. For investors, this dynamic can aid retention and help stabilize occupancy through cycles, while abundant neighborhood amenities provide lifestyle advantages that support leasing velocity.
Safety conditions are below metro averages, with the neighborhood ranking in the lower tier among 193 San Francisco metro neighborhoods and comparing below the national median. Recent year-over-year trends show double-digit decreases in both property and violent offense estimates, indicating directional improvement, but investors should underwrite prudent security, lighting, and operational protocols appropriate for an Urban Core location.
Proximity to life sciences, healthcare, and financial services employers supports commuter convenience and broad white-collar renter demand. Nearby anchors include Celgene, McKesson, McKesson Ventures, Pfizer, and Wells Fargo.
- Celgene — biopharma (1.55 miles)
- McKesson — healthcare distribution (2.25 miles) — HQ
- McKesson Ventures — healthcare investment (2.25 miles)
- Pfizer — biopharma (2.45 miles)
- Wells Fargo — financial services (2.55 miles) — HQ
804 Valencia St is a 20-unit asset in San Francisco’s amenity-rich urban core, positioned among the metro’s stronger neighborhoods for daily-needs access and renter convenience. The 1978 vintage is newer than much of the area’s older housing stock, offering relative competitiveness with potential to create value through targeted modernization of interiors and common areas. Elevated home values and strong household incomes help sustain multifamily demand, while a large regional employment base underpins leasing across cycles, according to CRE market data from WDSuite.
Investor considerations include neighborhood occupancy that has trailed recent metro performance and below-average school ratings, alongside safety metrics that warrant thoughtful property operations. Even so, a sizable renter-occupied share locally, dense amenities, and forecast household growth within a 3-mile radius support a stable tenant pipeline and potential for steady rent rolls with disciplined management.
- Amenity-dense urban core location supports leasing velocity and retention
- 1978 vintage newer than neighborhood average, with value-add modernization potential
- High-cost ownership market reinforces reliance on rentals and pricing power
- Diverse nearby employers expand the white-collar renter pool
- Risks: below-metro safety and school ratings; neighborhood occupancy recovery timing