388 5th St San Francisco, CA 94107
Property details
About 388 5th St
388 5th Street is a 12-unit apartment building in San Franciscos South of Market neighborhood. This building has been exempted from San Franciscos 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 propertys 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.
Highlights
Summary
- Total Bedroom Count: 30
- List Price: $3,500,000
- Price/SqFt: $356
- HOA Amount: $0
- Annual Tax Amount: $23,188
- Tax Year: 2024
- Year Built: 1909
- Stories: 0
- Living Area: 9,810 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 425058792
- MLS Name: San Francisco
- Office Name: Compass Commercial
- Office Phone: (415) 345-3000
- Listing Agent: Adam D Filly, John M Antonini
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 13, 1998 | Home Sold | $1,050,000 |
| Jan 23, 1995 | Home Sold | $566,423 |
| Jan 19, 1988 | Home Sold | $228,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,644,015 | $23,188 |
| 2023 | $1,611,788 | $22,674 |
| 2022 | $1,580,153 | $22,179 |
| 2021 | $1,549,177 | $21,767 |
| 2020 | $1,533,005 | $21,139 |
| 2019 | $1,502,948 | $20,449 |
| 2018 | $1,473,338 | $20,449 |
| 2017 | $1,444,450 | $19,599 |
History based on county public records data.
Nearby schools
3
Tenderloin Community Elementary School
Public District PK-5
1.0 mi
•627 Turk St
9
Gordon J. Lau Elementary School
Public District PK-5
1.1 mi
•950 Clay St
4
Redding Elementary School
Public District KG-5
1.2 mi
•1421 Pine St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,600. Most San Francisco, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
Frequently asked questions
About 388 5th St
The listing price of 388 5th St property is $3,500,000.
The property 388 5th St is a multi located in San Francisco, California, 94107.
Active Listing: 388 5th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 388 5th St are: Tenderloin Community Elementary School (GreatSchools Rating 3/10), Gordon J. Lau Elementary School (GreatSchools Rating 9/10), Redding Elementary School (GreatSchools Rating 4/10), Carmichael (Bessie)/Fec (GreatSchools Rating 3/10), Mission Preparatory (GreatSchools Rating 4/10), Everett Middle School (GreatSchools Rating 3/10), Five Keys Independence High School (SF Sheriff's) (GreatSchools Rating 2/10), San Francisco County Civic Center Secondary School (GreatSchools Rating 2/10), San Francisco International High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $23,188 (source: MLS/based on county public records data).
The last sale was on March 13, 1998 for $1,050,000 (source: MLS/tax record).
The property 388 5th St is 9,810 SqFt (source: MLS/tax record).
The year of construction for 388 5th St is 1909.
This home is located at 388 5th St in San Francisco, CA and zip code 94107 in the South of Market neighborhood. This 9,810 square foot home, which was built in 1909, sits on a 0.10 acre lot. Features: 30 bedrooms, 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $3,500,000.
San Francisco, CA housing market in June 2025 saw over 233 listings sold above listed price, more than 27 sold at listed price and over 135 sold below. The number of homes for sale in San Francisco, CA decreased by 12.4% between May and June 2025. While the average time on the market in June 2025 was 37 days, the median list price was $1,483,887.