| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Good |
| Demographics | 68th | Fair |
| Amenities | 100th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 539 Minna St, San Francisco, CA, 94103, US |
| Region / Metro | San Francisco |
| Year of Construction | 2000 |
| Units | 26 |
| Transaction Date | 1997-11-23 |
| Transaction Price | $949,500 |
| Buyer | MINNA RUSS HOUSING DEVELOPMENT CORP |
| Seller | ASIAN NEIGHBORHOOD DESIGN INC |
539 Minna St, San Francisco Urban Core Multifamily
Amenity-dense urban core location with a deep renter base supports long-term demand, while neighborhood occupancy trends run below metro levels according to WDSuite’s CRE market data.
Situated in San Francisco’s Urban Core, the neighborhood ranks 28th out of 193 metro neighborhoods (A-rated), placing it in the top quartile locally. Dense retail, dining, parks, and daily-needs options are among the strongest nationally, reinforcing renter appeal and reducing car-dependency for residents.
Renter-occupied housing represents a high share of neighborhood units (renter concentration), indicating depth in the tenant base for multifamily investors. Neighborhood occupancy is currently below the metro median, suggesting leasing risk and the need for disciplined operations and competitive positioning.
Within a 3-mile radius, incomes skew higher and the renter share remains elevated, supporting pricing power for well-positioned assets. Forecasts show modest population growth alongside a meaningful increase in household counts and smaller average household sizes, signaling a larger pool of renters and sustained demand for smaller-format units.
Ownership costs are elevated relative to incomes (among the highest nationally), which tends to sustain reliance on multifamily rentals rather than ownership — a favorable backdrop for renewal capture and lease stability when properties are well-managed.
Construction in the neighborhood skews older on average, while this property’s 2000 vintage is newer than typical for the area. That positioning can be competitive versus older stock, though investors should plan for targeted modernization and systems updates to meet current resident expectations.
Safety indicators for the neighborhood trail most of the metro and are weak compared with neighborhoods nationwide. Based on the metro ranking (184th of 193), the area sits well below the local median, which warrants conservative underwriting around security measures and operating expenses.
Recent movement shows some improvement: year-over-year, both property and violent offense estimates have declined, according to WDSuite’s CRE market data. Investors should track trajectory and sub-block variability over time, using comparative benchmarks rather than single-year snapshots to inform risk management.
The address sits near a concentration of major corporate offices that draw professional tenants and support leasing durability. The nearby employment base includes McKesson Ventures, McKesson, Pfizer, Wells Fargo, and PG&E.
- McKesson Ventures — venture/investment arm (0.7 miles)
- McKesson — healthcare distribution (0.7 miles) — HQ
- Pfizer — pharmaceuticals (0.9 miles)
- Wells Fargo — banking (1.0 miles) — HQ
- PG&E Corp. — utilities (1.1 miles) — HQ
539 Minna St offers 26 units in San Francisco’s Urban Core with a 2000 construction vintage, providing a competitive alternative to older neighborhood stock. The location benefits from exceptional amenity density and proximity to major employers, while the broader ownership market remains high-cost — dynamics that typically sustain multifamily renter demand and renewal capture. Neighborhood occupancy trends are currently below the metro median; disciplined operations, targeted upgrades, and thoughtful leasing strategy will be important to stabilize performance as the tenant pool expands with projected household growth within a 3-mile radius.
According to CRE market data from WDSuite, the neighborhood scores in the top quartile locally on overall quality, with national-leading access to groceries, restaurants, parks, and pharmacies. Safety metrics trail both metro and national norms but have improved year-over-year, supporting a cautious yet constructive underwriting stance.
- Urban core address with national-leading amenity access that supports renter appeal and lease retention.
- 2000 vintage offers a relative edge over older neighborhood stock, with targeted modernization potential.
- High-cost ownership market reinforces multifamily demand and pricing power for well-positioned assets.
- Major nearby employers deepen the professional tenant base and support occupancy stability.
- Risks: below-metro neighborhood occupancy and weaker safety indicators require conservative underwriting and active management.