Four-Unit Mixed-Use
1427-1431 Grant Avenue San Francisco, CA 94133
1427-1431 Grant Avenue, San Francisco, CA, 94133
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For Sale
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Fully renovated four-unit mixed-use building with ground-floor retail and residential units plus in-unit laundry.
Property Size3,445 SF
Price / SF$1,103
Days on Market33
Property Features for 1427-1431 Grant Avenue
General Information
- Standard status
- Active
- Size
- 3,445 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1907
Listing Agency
Compass San Francisco - Hanna John Azar
Listed by
Ismael Benhamida · License #CA 01722847
Source
Crexi
Added: Jun 15 Checked: Jul 16 at 9:25 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 Compass San Francisco - Hanna John Azar
Investment Insights
Based on property information with market context.
1427–1431 Grant Avenue is a fully renovated four-unit mixed-use property originally built in 1907. The renovation was completed down to the studs and includes a new 400-amp electrical system, all-new copper plumbing, a new roof, dual-pane windows, and upgraded mechanical systems. Interior finishes are described as condo-quality throughout, with details such as high ceilings, wide-plank oak flooring, custom cabinetry, quartz countertops, and tankless water heaters. Residential units are configured with in-unit laundry, central heating, and access to a rooftop deck. Unit mix includes two full-floor two-bedroom/two-bathroom residences, one junior one-bedroom unit, and a ground-floor retail space.
The ground-floor retail space provides frontage on Grant Avenue and additional access from Bannam Alley. Residential units and the rooftop deck offer panoramic views referenced in the property materials, including Coit Tower, the Transamerica Pyramid, Telegraph Hill, and Saints Peter and Paul Church.
Delivered completely vacant, the property is positioned for a range of ownership goals, including investor use or owner-occupancy with retail and multiple residential units under one roof. With the building’s comprehensive modernization and a defined mixed-use layout of residential income and street-level retail, it can support tenants seeking separate configurations while keeping operations within a single, renovated asset.
The ground-floor retail space provides frontage on Grant Avenue and additional access from Bannam Alley. Residential units and the rooftop deck offer panoramic views referenced in the property materials, including Coit Tower, the Transamerica Pyramid, Telegraph Hill, and Saints Peter and Paul Church.
Delivered completely vacant, the property is positioned for a range of ownership goals, including investor use or owner-occupancy with retail and multiple residential units under one roof. With the building’s comprehensive modernization and a defined mixed-use layout of residential income and street-level retail, it can support tenants seeking separate configurations while keeping operations within a single, renovated asset.
Key Highlights
- Fully renovated four‑unit mixed‑use building (1907) with ground‑floor retail and residential units plus in‑unit laundry
- Down‑to‑the‑studs renovation with $1.2M+ in capital improvements, including a new 400‑amp electrical system and all‑new copper plumbing
- Residential unit mix: two full‑floor 2BD/2BA residences, one junior 1BD unit, and ground‑floor retail with Grant Ave frontage and access from Bannam Alley
Local Financial Insights For Multifamily LT 5
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 | $186.0k | $54.00 |
| − Vacancy | −$11.1k | −$3.23 |
| EGI | $174.9k | $50.77 |
| − OpEx | −$52.5k | −$15.23 |
| NOI | $122.4k | $35.54 |
3,445 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Retail
$15.71M
$13.74M – $18.32M
NOI $1,099,391 @ 7.0% cap · market cap 28.93%
Second Best
Multifamily LT 5
$1.75M
$1.53M – $2.04M
NOI $122,434 @ 7.0% cap · market cap 3.22%
Theoretical Best
Specialty Retail
$16.83M
$14.72M – $19.63M
NOI $1,177,919 @ 7.0% cap · market cap 31.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Mixed-use property - Fully renovated four-unit mixed-use building with ground-floor retail and residential units plus in-unit laundry.
Where is this mixed-use property located?
The property is located at 1427-1431 Grant Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Fully renovated four‑unit mixed‑use building (1907) with ground‑floor retail and residential units plus in‑unit laundry; Down‑to‑the‑studs renovation with $1.2M+ in capital improvements, including a new 400‑amp electrical system and all‑new copper plumbing; Residential unit mix: two full‑floor 2BD/2BA residences, one junior 1BD unit, and ground‑floor retail with Grant Ave frontage and access from Bannam Alley
