Mixed-Use Property in North
For Sale
$2,000,000
1329 Grant Ave, San Francisco, CA 94133
Three-unit SRO with commercial space in vibrant North Beach.
Property Size4,080 SF
Price / SF$490.20
Days on Market173
Property Features for 1329 Grant Ave
General Information
Standard status
Active
Size
4,080 SF
Property subtype
Commercial
Building Details
Year Built
1907
Listing Agency:
Fathom Realty Group, Inc.
Listed By:
Charmayne O. Alcones
7109337
Source:
Homesofgreatersacramento
Added: Apr 27
Changed: Oct 1
Last Checked: Oct 14 at 11:27PM
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 Fathom Realty Group, Inc.
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Investment Insights
Based on property information with market context.
Located in San Francisco's North Beach district, the property at 1327-1329 Grant Ave is a three-unit SRO mixed-use property featuring a 1400 sqft commercial space on the ground level. The certificate of use authorizes the operation of 15 SRO, with 12 rooms readily available for occupancy. The property is positioned to capture both leisure and world travelers enhancing its appeal as a paramount destination in North Beach. The location offers proximity to the Financial District, Nob Hill, Chinatown, and Fisherman's Wharf. The surrounding neighborhood is known for its amenities, walk-ability, local businesses, coffee shops, and city parks. The commercial space recently completed a seismic retrofit upgrade in April 2026, enhancing the property's structural integrity and future operational potential. The property is positioned to capture both leisure and world travelers enhancing its appeal as a paramount destination in North Beach. The property is suitable for starting a business in hospitality.
Key Highlights
- Prime location in the vibrant and highly desirable North Beach district of San Francisco.
- Mixed‑use property featuring a 1400 sqft commercial space and a residential hotel (SRO) with 12 rooms readily available.
- Significant income potential from both the commercial space and the 15‑unit SRO (12 currently available).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,035
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,820,700
$1.8M
Cap Rate 7%
$1,300,500
$1.3M
Cap Rate 9%
$1,011,500
$1.0M
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$171.4K $42.00/SF
− Vacancy
−$25.7K −$6.30/SF
EGI
$145.7K $35.70/SF
− OpEx
−$54.6K −$13.39/SF
NOI
$91.0K $22.31/SF
Area
San Francisco, CA
Vacancy
15.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,820,700
Cap Rate 7%
$1,300,500
Cap Rate 9%
$1,011,500
Alternative Uses
Best Use
Mixed Use
$1.30M
$1.14M – $1.52M
NOI $91,035 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$19.93M
$17.44M – $23.25M
NOI $1,395,039 @ 7.0% cap · market cap 69.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
20,446
Businesses Nearby
Explore this area
Business Placement
Demographics for 94133, CA
26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit SRO with commercial space in vibrant North Beach.
Where is this mixed-use property located?
The property is located at 1329 Grant Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime location in the vibrant and highly desirable North Beach district of San Francisco.; Mixed‑use property featuring a **1400 sqft commercial space** and a residential hotel (SRO) with 12 rooms readily available.; Significant income potential from both the commercial space and the 15‑unit SRO (12 currently available).
