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Condominium Medical and Retail Suites
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15 Teresita Blvd, San Francisco, CA 94127

Four commercial condominium units with metered front parking, including a vacant furnished dental office and two long-term tenants.

Property Size5,353 SF
Price / SF$737.90
Days on Market232

Property Features for 15 Teresita Blvd

General Information

Standard status Active
Size 5,353 SF
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: Maven Properties | San Francisco
Listed By: Dominic Morbidelli · License #01338326
Source: Moodyscre
Added: Dec 12, 2025 Changed: Jul 28 Last Checked: Aug 1 at 3:23AM

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 Maven Properties | San Francisco

Investment Insights

Based on property information with market context.

This condominium property contains four commercial units. The offering includes a vacant, fully furnished dental office space that was previously owner-occupied, and there are two stable, long-term tenants in place. The total building size is 5,353 square feet.

The property is located at 15 Teresita Blvd in San Francisco, CA 94127, with metered parking available in front. The current mix supports a range of uses, including medical, retail, or professional office applications, based on the space configuration and existing tenancies.

Key Highlights

  • Four commercial spaces in one condominium
  • Vacant furnished dental office previously owner‑occupied
  • Two stable, long‑term tenants

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 $235.7k $44.04
− Vacancy −$59.9k −$11.19
EGI $175.9k $32.85
− OpEx −$44.0k −$8.21
NOI $131.9k $24.64
5,353 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%

Alternative Uses

Best Use
Retail
$24.40M
$21.35M – $28.47M (±1% cap)
NOI $1,708,284 @ 7.0% cap · market cap 43.25%
Second Best
Office B
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,900 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$26.15M
$22.88M – $30.51M (±1% cap)
NOI $1,830,304 @ 7.0% cap · market cap 46.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Desirée Boutique - Lingerie ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94127, CA

20,686
Population
7,895
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
94%
High-School Grad
1.9 sq mi
ZIP Area
10,887
Density / Sq Mi
$205,429
Median Household Income
$101,511
Median Earnings
$3,501
Median Rent
$1,897,700
Median Home Value

Market

Vacancy Rate% for Office in San Francisco, CA

5.4% 2019
15.8% 2020
18.5% 2021
24.1% 2022
32.5% 2023
34.2% 2024
33.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Seven Hills Veterinary Hospital — 5264 Diamond Heights Blvd, San Francisco, CA 94131
  • Diamond Heights Shopping Center — 5214D Diamond Heights Blvd, San Francisco, CA 94131

Frequently Asked Questions

What type of property is this?
Medical Office Space - Four commercial condominium units with metered front parking, including a vacant furnished dental office and two long-term tenants.
Where is this medical office space located?
The property is located at 15 Teresita Blvd San Francisco, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Four commercial spaces in one condominium; Vacant furnished dental office previously owner‑occupied; Two stable, long‑term tenants
(510) 504-6432 Call to check price and availability
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