| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 96th | Best |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 166 Townsend St, San Francisco, CA, 94107, US |
| Region / Metro | San Francisco |
| Year of Construction | 2012 |
| Units | 95 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
166 Townsend St San Francisco Multifamily Investment
2012-vintage asset in San Francisco’s Urban Core with a deep renter base and strong daily-needs access, according to WDSuite’s CRE market data. Investor focus centers on durable renter demand and competitive positioning versus older neighborhood stock.
Set in San Francisco’s Urban Core, the property benefits from one of the metro’s highest-amenity locations. Neighborhood amenities rank among the very best locally (top tier out of 193 metro neighborhoods) and are top quartile nationally, with dense coverage of restaurants, cafes, groceries, pharmacies and parks supporting day-to-day livability and lease retention.
The neighborhood is the metro’s top-ranked area overall (1 of 193; A+), signaling strong fundamentals relative to local peers. Median home values in the area are elevated compared with national norms, which typically reinforces renter reliance on multifamily housing and can support pricing power when operations are well-managed.
Within a 3-mile radius, demographic statistics point to a large professional renter pool and high-income households, with households projected to increase over the next five years alongside smaller average household sizes. This pattern generally expands the renter pool and supports occupancy stability for well-positioned properties.
Tenure data within a 3-mile radius show a high share of renter-occupied units, indicating depth in the tenant base for multifamily operators. Neighborhood-level occupancy today trends below metro peers (ranked 183 of 193), which underscores the importance of active leasing and renewal management but also suggests upside as demand normalizes. Average construction year in the neighborhood is 1999, so a 2012 delivery competes favorably against older stock while still warranting routine capital planning for building systems.
Safety conditions in this neighborhood rank near the lower end of the metro (crime rank 181 out of 193 neighborhoods), and the area compares below national safety percentiles. Investors should underwrite with prudent assumptions around security measures and potential lease-up friction tied to perceptions of safety.
Recent trends are mixed but show some improvement: violent offense rates have declined year over year, and property offenses have edged down as well, based on CRE market data from WDSuite. While these directional shifts are constructive, the neighborhood still trails the metro on relative safety and warrants continued monitoring as part of ongoing asset management.
Proximity to major employers anchors renter demand and supports retention for workforce and professional households. Nearby job centers include Celgene, Charles Schwab, Gap, McKesson, and PG&E Corp., all within roughly a mile.
- Celgene — biotech (0.72 miles)
- Charles Schwab — financial services (0.80 miles) — HQ
- Gap — apparel retail (0.83 miles) — HQ
- McKesson — healthcare distribution (0.86 miles) — HQ
- PG&E Corp. — utilities (0.88 miles) — HQ
This 2012 multifamily property offers competitive positioning in an A+ neighborhood where most nearby stock is older, supporting renter appeal without the heavier value-add needs typical of pre-2000 assets. Elevated ownership costs in the area tend to sustain rental demand, and the dense amenity fabric provides daily-needs convenience that can aid retention. According to CRE market data from WDSuite, neighborhood occupancy currently trails metro peers, so disciplined leasing and renewal strategies remain central to the thesis.
Within a 3-mile radius, projections call for household growth and smaller average household sizes over the next five years, pointing to renter pool expansion and stable demand for professionally managed units. The location’s proximity to multiple corporate headquarters further supports weekday occupancy and lease stability for workforce-oriented product.
- Newer 2012 vintage competes well versus predominantly pre-2000 neighborhood stock
- Amenity-rich Urban Core setting supports leasing velocity and retention
- High home values reinforce renter reliance on multifamily, aiding pricing power
- 3-mile demographics indicate growing household counts and a larger renter pool
- Risk: neighborhood safety ranks below metro and occupancy trails peers—underwrite for active management