550 California StSan Francisco, CA 94104
- Office properties
- 332,672 SF
Property Details for 550 California St
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.80 AC
- Property size (Sq ft)
- 332,672 SF
- Zone code
- C3O
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0240 -020
- APU
- 240020
Description
Located in San Francisco's North Financial District at 550 California Street, this Class A office building offers 361,537 square feet of space across two 14-story buildings. Built in 1960 and extensively renovated in 2021, the property boasts 22 suites, with a minimum divisible space of 2,369 square feet and a maximum contiguous space of 361,537 square feet. Currently, the entire 361,537 square feet is available for lease. The building features 7 elevators, 250 parking spaces, and 11-foot ceilings, providing ample natural light. On-site amenities under construction include a fitness center, conference rooms, and a lounge/cafe area. The property sits on 0.45 acres of land and is zoned C-3-O (APN 0240-020). Its prime location offers easy access to public transportation, including BART and Muni, and is within walking distance of restaurants, shops, entertainment, and hotels. The building incorporates green building certifications and energy-efficient systems, along with 24/7 security and access control. Customizable floor plans and support for tenant build-outs offer maximum flexibility for businesses of all sizes. This exceptional property provides a thriving environment for companies seeking a prestigious address in the heart of San Francisco's financial district.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $89,188,960
- 6.5%
- $82,328,272
- 7%
- $76,447,680
-
Comparable approach
- Method
- Valuation
- Relative Method
- $63,323,072
- Geo Method
- $92,785,544
-
Alternative Use
- Use
- Valuation
- Residential
- $102,087,064
- Hospitality
- $93,511,200
- Educational
- $77,800,216
- Medical
- $80,475,888
- Retail
- $121,022,560
Location Insight
- City
- San Francisco
- County
- San Francisco
- State
- California
- Latitude
- 37.7932
- Longitude
- -122.404
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
FAQs
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