For Sale
$2,600,000

1750 Stockton StSan Francisco, CA 94133

7-Unit Telegraph Hill Property, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 7-unit mixed-use property in San Francisco's desirable Telegraph Hill neighborhood presents a compelling investment opportunity. The 6,178 square foot building, constructed in 1907, sits on a 2,703 square foot lot (APN 0088-021) and is zoned NCD. The property boasts a ground floor retail space of 1,373 square feet, currently leased to a long-term tenant, and six residential units: four two-bedroom/one-bathroom units and two junior one-bedroom/one-bathroom units. Some units feature updated kitchens and bathrooms, hardwood/laminate floors, new appliances, modern electrical systems, and wall heating. Two two-bedroom units will be vacant at the close of escrow, offering immediate value-add potential. The property's strong financial performance is reflected in its current NOI of $131,694 and a pro-forma NOI of $177,374, translating to a current cap rate of 5.07% and a pro-forma cap rate of 6.82%. The asking price is $2,600,000, representing a price per square foot of $420.85. Its prime location, steps from St. Peter and Paul Church and Washington Square Park, and within a short walk of the Financial District, ensures strong rental demand and long-term appreciation. This is a rare chance to acquire a well-located, value-add mixed-use property in one of San Francisco's most sought-after neighborhoods.

Highlights

  • Prime Telegraph Hill location in San Francisco.
  • Seven-unit mixed-use building (one retail, four 2BR/1BA, two Jr. 1BR/1BA units).
  • Value-add opportunity: two vacant units at closing.

Property Details for 1750 Stockton St

Property type
Mixed-use properties, Retail residential properties
Square Feet
6,178 SF
Year Built
1907
Buildings
1
Units
7

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.8021213
Longitude
-122.4093622
1750 Stockton St, San Francisco, California

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1750 Stockton St
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