1750 Stockton StSan Francisco, CA 94133
- Residential income properties
- 6,178 SF
Property Details for 1750 Stockton St
- Year built
- 1907
- Construction
- WOOD
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 6,178 SF
- Zone code
- NBEACH
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- 0088 -021
- APU
- 88021
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,053,830
- 6.5%
- $1,895,843
- 7%
- $1,760,426
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,822,743
- Geo Method
- $2,670,814
-
Alternative Use
- Use
- Valuation
- Residential
- $1,895,843
- Hospitality
- $1,736,582
- Educational
- $1,444,816
- Medical
- $1,494,505
- Retail
- $2,247,491
Location Insight
- City
- San Francisco
- County
- San Francisco
- State
- California
- Latitude
- 37.8021
- Longitude
- -122.409
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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