Glen Park Mixed-Use
19 Joost Ave San Francisco, CA 94131
For Sale
$1,350,000
Mixed-use building in Glen Park with commercial and residential units.
Property Size3,510 SF
Lot Size0.04 Acres
Price / SF$384.62
Days on Market121
Property Features for 19 Joost Ave
General Information
- Standard status
- Active
- Size
- 3,510 SF
- Lot size
- 0.04 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing Agency:
Compass
(415) 875-0177
Listed By:
Hanna John Azar · License #01722847
(415) 875-0177
Source:
Elliman
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 23 at 8:59AM
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
Investment Insights
Based on property information with market context.
Located in the Glen Park neighborhood, 19 Joost Avenue is a mixed-use building offering a combination of income potential and owner-user opportunities. The property, situated one block from Glen Park Village and BART, consists of approximately 3,510 square feet on a 1,589 square foot lot. The residential component includes two units: a one-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit, both with private balconies and producing income. The ground-floor commercial space is currently vacant, providing flexibility for various uses. The NC-2 zoning allows for neighborhood-serving retail, office, or service uses. This space presents an opportunity for investors to lease at market rent or for owner-users to operate a business while offsetting costs with residential income. The property benefits from its location in a transit hub with access to I-280 and Highway 101, surrounded by residential properties and retail businesses. Glen Park offers lifestyle appeal, cash flow, appreciation potential, and adaptability.
Key Highlights
- Prime Glen Park location: One block from Glen Park Village and BART, surrounded by multi‑million dollar homes.
- Vacant commercial space: Offers immediate owner‑user optionality or significant rental upside.
- Mixed‑use property: Combines stable residential income with commercial potential.
Financial Insights For Apartment 5plus
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 | $221.1k | $63.00 |
| − Vacancy | −$13.9k | −$3.97 |
| EGI | $207.2k | $59.03 |
| − OpEx | −$93.2k | −$26.56 |
| NOI | $114.0k | $32.47 |
3,510 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.63M
$1.42M – $1.90M
NOI $113,959 @ 7.0% cap · market cap 8.44%
Second Best
Mixed Use
$1.12M
$979.0K – $1.31M
NOI $78,317 @ 7.0% cap · market cap 5.80%
Theoretical Best
Specialty Retail
$17.14M
$15.00M – $20.00M
NOI $1,200,144 @ 7.0% cap · market cap 88.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - Mixed-use building in Glen Park with commercial and residential units.
Where is this mixed-use property located?
The property is located at 19 Joost Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime Glen Park location: One block from Glen Park Village and BART, surrounded by multi‑million dollar homes.; Vacant commercial space: Offers immediate owner‑user optionality or significant rental upside.; Mixed‑use property: Combines stable residential income with commercial potential.
