$3,200,000
SOLD NOV 13, 2025
30 Beds
-- Bath
9,810 Sq Ft
4,465 Sq Ft Lot

Recently Sold

$326 Per Sq Ft

9% Below List Price

66 Days on Market

About This Home

As of November 2025

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

Adam Filly

Compass Commercial License #01354775 Listed on: 07/18/2025

Compass Commercial

Co-Listed By

John Antonini

Compass Commercial License #01842830

Compass Commercial

Last Buyer's Agent

John Antonini

Compass Commercial License #01842830

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Additional Features

  • 30 Bedrooms
  • 4,465 Sq Ft Lot

Community Details

Overview

  • 12 Units

Building Details

  • 11 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

4,465 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1909
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: COMP13
  • Co List Office Mls Id: COMP13
  • PictureCountPublic: 10
  • BridgeModificationTimestamp: 2025-11-13T23:14:46.152Z
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Bedrooms: 30
  • Total Bedrooms: 42

Lot Info

  • Lot Features: None
  • Lot Size Acres: 0.1025
  • Lot Size Sq Ft: 4464.9
  • Lot Size Units: Square Feet
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Existing Lease Type: Net
  • Units Furnished: All Units

Building Info

  • Number of Units Total: 12

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units Vacant: 1
  • Number Of Units Leased: 11
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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 -- --
Source: San Francisco Association of REALTORS®

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 425058792

San Francisco Association of REALTORS®
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