437 Vermont Street, San Francisco, CA 94107
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
437 Vermont Street,San Francisco, CA 94107
$2,150,000
- 6 Beds
- 4 Baths
- 4,134 sq. ft.
- Multi-family
- Active
Listed by: adam carosso, brad lagomarsino
Office: colliers international
MLS#:426104343
Source:CABCREIS
Price summary
- Price:$2,150,000
- Price per sq. ft.:$520.08
About this home
Situated in the desirable Potrero Hill neighborhood, 437-439 Vermont Street presents a rare dual-track'' investment opportunity. While currently operated as a high-performing 3-unit multifamily asset, the substantial apartment and property upgrades position it perfectly for a Tenancy-In-Common (TIC) conversion. This allows an incoming investor to capture traditional rental yield in the short term while maintaining a high-margin exit by selling the units individually. Additionally, one unit is currently vacant, offering an immediate owner-user opportunity while still benefiting from income generated by the remaining units. Constructed in 1927, the approximately 6,413 square foot building sits on a 2,495 square foot lot and features a diverse unit mix of one (1) studio, one (1) two-bedroom/one-bathroom, and one (1) three-bedroom/two-bathroom residence. The offering is further enhanced by one (1) on-site parking space and one (1) storage unit, with the potential of converting the studio to a one-bedroom apartment by combining the storage area. The property showcases spacious floor plans filled with tremendous natural light, highlighted by hardwood flooring, classic architectural character, and modern charm. Kitchens are equipped with quartz countertops, flat-panel cabinetry, and top-of-the-line appliances, while bathrooms feature standing showers with quartz surrounds, cabinet vanity sinks, and modern fixtures. The building benefits from a concrete foundation, front stucco faade with wood rear, shared garden, in-unit and on-site laundry, a DKS entry system, and a recently replaced modified bitumen roof completed in 2023. With a current annual gross income of $128,056 and notable in-place rents below market, the property offers a compelling 33% upside through continued rent growth and operational optimization. Its prime location provides residents with immediate access to one of the nation's best public transit systems, including proximity to BART, MUNI, and corporate tech shuttle lines, supporting long-term rental demand and investment stability...
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Home facts
- Year built:1927
- Listing ID #:426104343
- Added:53 day(s) ago
- Updated:April 11, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:17
- Flooring:Wood
- Kitchen Description:Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
- Living area:4,134 sq. ft.
Structure and exterior
- Year built:1927
- Building area:4,134 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Sidewalk
- Foundation Description:Concrete
Finances and disclosures
- Price:$2,150,000
- Price per sq. ft.:$520.08
Features and amenities
- Appliances:Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
- Laundry features:Laundry Closet, Washer/Dryer Hookups
Parking
- Total parking spaces:1
- Parking description:Garage
- Garage:Yes
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