3900 3Rd StSan Francisco, CA 94124

Property Details for 3900 3Rd St

Year built

1913

Construction

WOOD

Lot size

0.06 AC

Zone code

M1

Property type

Hospitality properties

Property subtype

Hotels

APN

5242 -021

APU

5242021

Description

This exceptional mixed-use property at 3900 3rd Street in San Francisco, CA 94124, presents a compelling investment opportunity. Built in 1913, this grand building boasts period architecture and details, previously operating as a hotel. Currently vacant, the property offers two street-level commercial spaces, each equipped with individual gas heaters, electric meters, and bathrooms. The front space, formerly a coffee shop, and the rear space, previously an art gallery, benefit from a highly visible corner location on the bustling 3rd Street corridor. Upstairs, twenty single-occupancy residential rooms are available, each featuring a sink, gas wall heater, small refrigerator, and microwave. Each floor houses ten residences, along with a shared shower room and toilet. A manager's unit with a private bath is also included. The building features a full height basement with ample storage, a separate garbage enclosure, and a small outdoor area. Significant upgrades include a fully sprinklered system and some completed seismic updates. The property is served by one gas meter for residential use and another for commercial use. Its prime location on the 3rd Street T-Line, across from a busy shopping mall, and with easy freeway access and proximity to Downtown San Francisco, ensures high visibility and strong potential for future growth. The asking price is $3,500,000.

Location Insight

City

San Francisco

County

San Francisco

State

California

Latitude

37.7419

Longitude

-122.389

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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