Larkin Street Office For
1349 Larkin St San Francisco, CA
1349 Larkin St, San Francisco, CA, 00000
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For Sale
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Unique owner-user opportunity near Van Ness in San Francisco.
Property Size6,750 SF
Lot Size0.09 Acres
Price / SF$340.74
Days on Market698
Property Features for 1349 Larkin St
General Information
- Standard status
- Active
- Size
- 6,750 SF
- Lot size
- 0.09 Acres
- Property subtype
- OFFICE
Listing Agency
Lee & Associates | San Francisco
(415) 828-2188
Listed by
David Klein · License #00790730
(415) 828-2188
Source
Moodyscre
Added: Aug 19, 2024 Checked: Jul 17 at 2:54 am
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 Lee & Associates | San Francisco
Investment Insights
Based on property information with market context.
Located off California Street at 1349 Larkin, this property presents a unique opportunity for an owner-user. The space, formerly an architect's office, spans a single floor with a mezzanine, totaling 6,750 square feet. The property features high ceilings and ample natural light. Its zoning allows for various uses, making it suitable for professional services or other business types. The location offers close proximity to Van Ness.
Key Highlights
- Great owner‑user opportunity with SBA financing
- High ceilings with great natural light
- 6,750 sf single floor with mezzanine
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $297.3k | $44.04 |
| − Vacancy | −$75.5k | −$11.19 |
| EGI | $221.8k | $32.85 |
| − OpEx | −$55.4k | −$8.21 |
| NOI | $166.3k | $24.64 |
6,750 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.38M
$2.08M – $2.77M
NOI $166,323 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$32.97M
$28.85M – $38.47M
NOI $2,307,968 @ 7.0% cap · market cap 100.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Unique owner-user opportunity near Van Ness in San Francisco.
Where is this office units located?
The property is located at 1349 Larkin St San Francisco, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Great owner‑user opportunity with SBA financing; High ceilings with great natural light; 6,750 sf single floor with mezzanine
