Mixed-Use
1884-1886 Market Street, San Francisco, CA 94102
For Sale
$2,600,000
Four remodeled apartments sit above two vacant commercial suites in a six-unit property.
Property Size5,500 SF
Price / SF$472.73
Days on Market79
Property Features for 1884-1886 Market Street
General Information
Standard status
Size
Property subtype
Financials
Cap Rate
Average Monthly Rent
Site & Location
Neighborhood
Corner Location
Public Transit
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Urban Capital SF
Listed By:
Cris Lamas
Source:
Makrasrealestate
Added: Aug 24
Changed: Nov 10
Last Checked: Nov 9 at 3:42PM
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 Urban Capital SF
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Investment Insights
Based on property information with market context.
This 1932 mixed-use building contains six units: four apartments above two commercial suites. The residential units share a two-bedroom, one-bath layout and measure approximately 876 square feet each. They have been remodeled and are rented month to month. The commercial suites, totaling approximately 3,151 square feet, are vacant and outside San Francisco residential rent control.
The property is at Market and Hermann Streets, two blocks from the Church Street Muni Metro station. Three apartments have banked San Francisco Rent Board increases.
The property is at Market and Hermann Streets, two blocks from the Church Street Muni Metro station. Three apartments have banked San Francisco Rent Board increases.
Key Highlights
- Six units: four apartments and two commercial suites
- Four remodeled two‑bedroom, one‑bath apartments of approximately 876 square feet each
- Two vacant commercial suites totaling approximately 3,151 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,569
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,571,380
$3.6M
Cap Rate 7%
$2,550,986
$2.6M
Cap Rate 9%
$1,984,100
$2.0M
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$346.5K $63.00/SF
− Vacancy
−$21.8K −$3.97/SF
EGI
$324.7K $59.03/SF
− OpEx
−$146.1K −$26.56/SF
NOI
$178.6K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,571,380
Cap Rate 7%
$2,550,986
Cap Rate 9%
$1,984,100
Alternative Uses
Best Use
Apartment 5plus
$2.55M
$2.23M – $2.98M
NOI $178,569 @ 7.0% cap · market cap 6.87%
Second Best
Mixed Use
$1.75M
$1.53M – $2.05M
NOI $122,719 @ 7.0% cap · market cap 4.72%
Theoretical Best
Multifamily LT 5
$2.79M
$2.44M – $3.26M
NOI $195,468 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
9,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 94102, CA
39,432
Population
23,153
Households
1.7
Avg Household Size
40
Median Age
42%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
56,331
Density / Sq Mi
$64,781
Median Household Income
$55,873
Median Earnings
$1,517
Median Rent
$996,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in San Francisco, CA
Properties on Market for Mixed-use properties in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four remodeled apartments sit above two vacant commercial suites in a six-unit property.
Where is this mixed-use property located?
The property is located at 1884-1886 Market Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Six units: four apartments and two commercial suites; Four remodeled two‑bedroom, one‑bath apartments of approximately 876 square feet each; Two vacant commercial suites totaling approximately 3,151 square feet
