1350 Stockton StSan Francisco, CA 94133

Property Details for 1350 Stockton St

Year built

1907

Property size (Sq ft)

26,261 SF

Property type

Residential income properties

Property subtype

Other retail properties

Description

This exceptional 26,261 square foot mixed-use property, located at 1350 Stockton Street in San Francisco's vibrant North Beach district (APN 9453), presents a compelling investment opportunity. The building, constructed in 1907 and zoned NCD, boasts 105 units: ninety-nine single-room occupancy (SRO) units and six ground-floor retail spaces. The asking price is $13,500,000, representing a price per square foot of $514.07 and a price per unit of $128,571.43. The property enjoys a current NOI of $971,095, translating to a 7.19% cap rate. Pro-forma projections indicate a NOI of $1,224,169 and a 9.07% cap rate. The residential units and common areas are well-maintained, with select SRO units featuring recent upgrades including new flooring, paint, vanities, and fixtures. Shared bathroom and kitchen facilities are superior to comparable properties. The retail spaces benefit from high foot traffic and excellent visibility at a busy, signalized intersection. The property's prime location offers residents convenient access to diverse dining, shopping (including a nearby Walgreens), and other amenities. This strong in-place income, particularly from the retail tenants, combined with the exceptional location, makes this a highly attractive investment.

Location Insight

City

San Francisco

County

San Francisco

State

California

Latitude

37.7986

Longitude

-122.409

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].