Seller's Agent in 2025
Adam Filly
Compass Commercial
(415) 516-9843
3 in this area
108 Total Sales
388 5th Street is a 12-unit apartment building in San Francisco's South of Market neighborhood. This building has been exempted from San Francisco's rent control via substantial rehabilitation in 1989, allowing the landlord to increase rents without typical SF limitations. The property consists of 6 three-bedrooms and 6 two-bedrooms. The units are well maintained and have functional layouts that work well for roommates or families. The structure and systems appear to be very well maintained. The property underwent a soft-story seismic retrofit in 2018. The units are separately metered for gas and electricity, and each has its own water heater, keeping operating expenses very low. The property's location provides easy access to the freeway, downtown, and many neighborhood amenities. This is truly a rare opportunity to purchase a building without SF rent control restrictions.
Last Agent to Sell the Property
Compass Commercial License #01354775 Listed on: 07/18/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Sold | $3,200,000 | 0.0% | $326 / Sq Ft |
| 10/25/2025 10/25/25 | Off Market | $2,395 | -- | -- |
| 09/22/2025 09/22/25 | Pending | -- | -- | -- |
| 09/17/2025 09/17/25 | For Rent | $2,395 | 0.0% | -- |
| 09/08/2025 09/08/25 | Price Changed | $3,250,000 | -7.1% | $331 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $3,500,000 | 0.0% | $357 / Sq Ft |
| 04/08/2024 04/08/24 | For Rent | $2,395 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,188 | $1,676,886 | $798,359 | $878,197 |
| 2024 | $23,188 | $1,644,015 | $782,706 | $860,979 |
| 2023 | $22,675 | $1,611,788 | $767,360 | $844,098 |
| 2022 | $22,180 | $1,580,153 | $752,315 | $827,548 |
| 2021 | $21,768 | $1,549,177 | $737,564 | $811,613 |
| 2020 | $22,400 | $1,534,655 | $730,001 | $804,654 |
| 2019 | $21,140 | $1,504,598 | $715,688 | $788,910 |
| 2018 | $20,450 | $1,474,988 | $701,591 | $773,397 |
| 2017 | $19,907 | $1,446,100 | $687,835 | $758,265 |
| 2016 | $19,600 | $1,417,779 | $674,349 | $743,430 |
| 2015 | $19,386 | $1,396,509 | $664,221 | $732,288 |
| 2014 | $17,975 | $1,369,187 | $651,210 | $717,977 |
Seller's Agent in 2025
Adam Filly
Compass Commercial
(415) 516-9843
3 in this area
108 Total Sales
Seller Co-Listing Agent in 2025
John Antonini
Compass Commercial
(415) 794-9510
2 in this area
72 Total Sales
Source: San Francisco Association of REALTORS®
MLS Number: 425058792
Ask me questions while you tour the home.