Mixed-Use Building with Commercial
702-712 Vallejo Street San Francisco, CA 94133
702-712 Vallejo Street, San Francisco, CA, 94133
$3,600,000
For Sale
$3,600,000
Three-story building offers 4 ground-floor commercial units and 40 SRO rooms above on a small lot.
Property Size12,000 SF
Lot Size0.10 Acres
Price / SF$300
Days on Market612
Property Features for 702-712 Vallejo Street
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 0.10 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1900
Listing agency
Marcus & Millichap
(415) 963-3000
Listed by
Ning H Ho · License #(S):CA:01943903
Source
Elevationrealestate
Added: Nov 16, 2024 Updated: Jul 20 at 6:12PM Checked: Jul 21 at 6:26AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
702-712 Vallejo Street is a three-story mixed-use building with 4 commercial units on the ground floor and 40 SRO (Single Room Occupancy) rooms on the upper levels. The property totals 12,000 square feet on a 4,356 square foot lot, providing a combined residential and street-level commercial setup.
The building is located in San Francisco’s North Beach neighborhood, with access to area dining and entertainment, and proximity to several well-known local destinations. Zoning is North Beach Neighborhood Commercial (NCD), supporting the property’s mixed-use configuration.
With commercial frontage at grade and SRO units on upper floors, the building offers a straightforward investment structure for buyers seeking a multi-unit income property with integrated neighborhood retail and hospitality-oriented uses at street level.
The building is located in San Francisco’s North Beach neighborhood, with access to area dining and entertainment, and proximity to several well-known local destinations. Zoning is North Beach Neighborhood Commercial (NCD), supporting the property’s mixed-use configuration.
With commercial frontage at grade and SRO units on upper floors, the building offers a straightforward investment structure for buyers seeking a multi-unit income property with integrated neighborhood retail and hospitality-oriented uses at street level.
Key Highlights
- Three‑story mixed‑use building (built 1900) with 12,000 SF total area
- Includes 4 ground‑floor commercial units
- Has 40 SRO (Single Room Occupancy) rooms on the upper levels
Local Financial Insights For Mixed Use
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 | $504.0k | $42.00 |
| − Vacancy | −$75.6k | −$6.30 |
| EGI | $428.4k | $35.70 |
| − OpEx | −$160.7k | −$13.39 |
| NOI | $267.8k | $22.31 |
12,000 SF · lease $42.00/SF/yr · vacancy 15.00% · expense 37.50%
Alternative Uses
Best Use
Apartment 5plus
$5.57M
$4.87M – $6.49M
NOI $389,605 @ 7.0% cap · market cap 10.82%
Second Best
Mixed Use
$3.82M
$3.35M – $4.46M
NOI $267,750 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$58.62M
$51.29M – $68.38M
NOI $4,103,055 @ 7.0% cap · market cap 113.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Mixed-use property - Three-story building offers 4 ground-floor commercial units and 40 SRO rooms above on a small lot.
Where is this mixed-use property located?
The property is located at 702-712 Vallejo Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Three‑story mixed‑use building (built 1900) with 12,000 SF total area; Includes 4 ground‑floor commercial units; Has 40 SRO (Single Room Occupancy) rooms on the upper levels
