388 5th Street, San Francisco, CA 94107

$3,200,000
30
BD
9,810
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$3,200,000
List Price
$3,250,000
Closing Date
Nov 13, 2025
MLS#
425058792
Property Type
Multifamily
Bedrooms
30
Sqft. of Residence
9,810
Lot Size
4,464
Region
SF District 9
Status
CLOSED
County
San Francisco
Acres
0.10
Year Built
1909

Property Description

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.

Additional Information

Living Area
9,810
Lot Size
4,464
Neighborhood
South Of Market
Possession
Close Of Escrow, Rental Agreement
Region
SF District 9
Subdivision
South Of Market
Units
12

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass Commercial. Selling Office: Compass Commercial.