What's a realistic Outer Richmond (San Francisco) cap rate?
B-class SFR: 3.5-4.5%. Small-multifamily: 4.0-5.5%. Anything claiming 7%+ in Outer Richmond (San Francisco) is either C-class neighborhood or pro-forma fiction.
For Outer Richmond (San Francisco) investors
Roger Grubb specializes in Bay Area small-multifamily and SFR-rental underwriting. He has closed Richmond duplexes, Concord triplexes, and Oakland 4-unit properties. He underwrites on actual rents and actual carrying costs — not Zillow estimates. (510) 504-0402.
Outer Richmond (San Francisco) stats: median $1,780,000 · $1148/sqft · 14 DOM.
Why Outer Richmond (San Francisco) for investors
Family-anchored SF with Mediterranean rowhouses, walkable Clement Street, and Lands End / Sutro Heights at the edge. Quieter than Inner Richmond, foggier.
Roger\'s read: Sea Cliff is the luxury pocket. Lake Street corridor has the architecture. Inner Richmond (separate) is more amenity-dense; Outer is more family-quiet.
B-class SFR: 3.5-4.5%. Small-multifamily: 4.0-5.5%. Anything claiming 7%+ in Outer Richmond (San Francisco) is either C-class neighborhood or pro-forma fiction.
Year 1 typically no. The math works on 5+ year holds with rent growth + appreciation + principal paydown.
Yes. Roger works with two qualified intermediaries and has hit 45-day identification windows under tight conditions.
Roger's 18-year East Bay + Peninsula network surfaces 1-in-4 deals before they hit MLS. Investors avoid bidding wars there.
Roger answers his own phone. (510) 504-0402.