8-Unit Mixed-Use
New
For Sale
$2,850,000
105-111 Richland Avenue, San Francisco, CA 94110
Six apartments and two occupied commercial spaces include a laundromat and coffee shop.
Property Size6,735 SF
Days on Market7
Property Features for 105-111 Richland Avenue
General Information
Standard status
Active
Size
6,735 SF
Property subtype
Mixed Use
Financials
Cap Rate
6.7%
Gross Rent Multiplier
10.4
Site & Location
Neighborhood
Bernal Heights
Corner Location
Yes
Utilities to Site
Yes
Mixed-Use Components
residential, retail
Units
Unit Mix
4 x one-bedroom, 2 x studio
Multifamily Units
6
Additional Details
Tenant in Place
Yes
Building Details
Building Size
6,735 SF
Year Built
1927
Tenancy
Multi
Listing Agency:
Compass Commercial
Listed By:
Adam D Filly · License #01354775
(415) 874-5031
Source:
Elevationrealestate
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 27 at 1:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Commercial
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Investment Insights
Based on property information with market context.
Built in 1927, this San Francisco mixed-use property contains six apartments and two commercial spaces. The residential mix is four one-bedroom units and two studios; one one-bedroom apartment is expected to be vacant at delivery. Interior details include hardwood flooring, built-in cabinetry and high ceilings. Detached on three sides, the building receives natural light throughout the apartments. The commercial units are occupied by a laundromat and a coffee shop at a corner location.
Building systems include updated 400-amp electrical service, a soft-story seismic retrofit completed in 2017 and a fire alarm system with sleep alarms installed in 2019. The property is reported at a 10.4 GRM and a 6.7% cap rate.
Building systems include updated 400-amp electrical service, a soft-story seismic retrofit completed in 2017 and a fire alarm system with sleep alarms installed in 2019. The property is reported at a 10.4 GRM and a 6.7% cap rate.
Key Highlights
- Eight‑unit property with six apartments and two commercial spaces
- Residential mix of four one‑bedroom apartments and two studios
- One one‑bedroom apartment will be vacant at delivery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,253
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,165,060
$4.2M
Cap Rate 7%
$2,975,043
$3.0M
Cap Rate 9%
$2,313,922
$2.3M
Market Conditions
NOI Build-Up for 6,735 SF
Gross rent
$404.1K $60.00/SF
− Vacancy
−$25.5K −$3.78/SF
EGI
$378.6K $56.22/SF
− OpEx
−$170.4K −$25.30/SF
NOI
$208.3K $30.92/SF
Area
ZIP 94110
Vacancy
6.30%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,165,060
Cap Rate 7%
$2,975,043
Cap Rate 9%
$2,313,922
Alternative Uses
Best Use
Retail
$30.70M
$26.87M – $35.82M
NOI $2,149,317 @ 7.0% cap · market cap 75.41%
Second Best
Apartment 5plus
$2.98M
$2.60M – $3.47M
NOI $208,253 @ 7.0% cap · market cap 7.31%
Theoretical Best
Specialty Retail
$32.90M
$28.79M – $38.38M
NOI $2,302,840 @ 7.0% cap · market cap 80.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six apartments and two occupied commercial spaces include a laundromat and coffee shop.
Where is this mixed-use property located?
The property is located at 105-111 Richland Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Eight‑unit property with six apartments and two commercial spaces; Residential mix of four one‑bedroom apartments and two studios; One one‑bedroom apartment will be vacant at delivery
