Vacant Mixed-Use
For Sale
$1,900,000
3774 Mission ST, San Francisco, CA 94110
Residential Income (2-4 units), SAN FRANCISCO, CA
Property Size2,536 SF
Lot Size0.06 Acres
Price / SF$749.21
Days on Market49
Property Features for 3774 Mission ST
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
NC2
Bedrooms
4
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
On Street
Subdivision
9 - Bernal Heights
Standard status
Active
Size
2,536 SF
Lot size
0.06 Acres
Utilities
Heating system
Central, Forced Air
Cooling system
Central Air
Building Details
Year built
1910
Number of units
3
Roof type
Flat
Listing Agency:
KW Elevate · Keller Williams Realty
(408) 818-8886
Listed By:
Juan Ortiz · License #01339407
(650) 575-5808
Added: Jul 12
Changed: Aug 27
Last Checked: Aug 29 at 12:06PM
MLS# ML82048059
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3774 Mission Street, this mixed-use building combines a commercial storefront with three renovated residential units. The 2,536-square-foot property will be delivered vacant, allowing the next owner to select occupants or structure the space for a live/work arrangement. Residential improvements include updated kitchens, bathrooms, flooring, lighting, and finishes. The building was constructed in 1910 and includes central forced-air heating, central air conditioning, a flat roof, and on-street parking.
The property is in San Francisco’s Mission District near shops, restaurants, parks, public transportation, and freeway access. NC2 zoning supports the property’s mixed-use classification. The commercial area can accommodate a small business, office, studio, or retail operation, while the residential component provides three additional units within the same building.
The property is in San Francisco’s Mission District near shops, restaurants, parks, public transportation, and freeway access. NC2 zoning supports the property’s mixed-use classification. The commercial area can accommodate a small business, office, studio, or retail operation, while the residential component provides three additional units within the same building.
Key Highlights
- Mixed‑use building with a commercial storefront and 3 residential units
- 2,536 square feet on a 0.0573‑acre lot
- Delivered vacant for immediate tenant selection or owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,121
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,702,420
$1.7M
Cap Rate 7%
$1,216,014
$1.2M
Cap Rate 9%
$945,789
$945.8K
Market Conditions
NOI Build-Up for 2,536 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$129.3K $51.00/SF
− Vacancy
−$7.7K −$3.05/SF
EGI
$121.6K $47.95/SF
− OpEx
−$36.5K −$14.39/SF
NOI
$85.1K $33.57/SF
Area
ZIP 94110
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,702,420
Cap Rate 7%
$1,216,014
Cap Rate 9%
$945,789
Alternative Uses
Best Use
Retail
$11.56M
$10.12M – $13.49M
NOI $809,305 @ 7.0% cap · market cap 42.60%
Second Best
Multifamily LT 5
$1.22M
$1.06M – $1.42M
NOI $85,121 @ 7.0% cap · market cap 4.48%
Theoretical Best
Specialty Retail
$12.39M
$10.84M – $14.45M
NOI $867,112 @ 7.0% cap · market cap 45.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
Explore this area
Business Placement
Demographics for 94110, CA
68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three updated residential units accompany a street-facing commercial storefront with flexible owner-user potential.
Where is this mixed-use property located?
The property is located at 3774 Mission ST San Francisco, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Mixed‑use building with a commercial storefront and 3 residential units; 2,536 square feet on a 0.0573‑acre lot; Delivered vacant for immediate tenant selection or owner occupancy
