820 Post StSan Francisco, CA 94109

  • Retail properties
  • 2,400 SF
For Sale
$1,680,000 View listing

Property Details for 820 Post St

Year built
1919
Construction
TILT-UP CONCRETE
Lot size
0.05 AC
Property size (Sq ft)
2,400 SF
Zone code
RC4
Property type
Retail properties
Property subtype
Retail space
APN
0300 -003C
APU
0300003C

Description

This exceptional mixed-use development project, located at 820 Post Street in San Francisco's prestigious Nob Hill neighborhood, presents a compelling investment opportunity. The property boasts a total of 11 units, encompassing five one-bedroom/one-bathroom units (525 sq ft each), five two-bedroom/two-bathroom units (795 sq ft each), and one three-bedroom unit (1,245 sq ft), totaling approximately 7,870 square feet of residential saleable space. In addition, a 435 square foot commercial unit is included. The project sits on an 11,785 square foot lot and is currently vacant. The building is planned to be seven stories high. Demolition and new construction permits have been reviewed and approved by the Planning Department, with other agency reviews pending. Entitlements have been approved by the Planning Commission, and the project application has been modified to reduce the building by one story and one unit. The approved plans, designed by Elevation Architects, are available upon request. The property is zoned RC4 and has an APN of 0300/003C. The asking price is $1,680,000, translating to $701.46 per square foot. This property offers a unique chance to acquire a fully entitled mixed-use development project in a prime San Francisco location. The project includes one on-site Below Market Rate (BMR) unit. While permits are not yet fully issued, the significant progress made on the permitting process positions this project for a swift transition to construction.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $945,853
    6.5%
    $873,095
    7%
    $810,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,151,218
    Geo Method
    $1,686,848
  • Alternative Use

    Use
    Valuation
    Residential
    $736,488
    Hospitality
    $674,619
    Educational
    $561,275
    Medical
    $580,578
    Retail
    $873,095
820 Post St, San Francisco, California

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7876
Longitude
-122.415
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,156
$1,683,985
$54,612
$1,738,597
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