Glen Park Mixed-Use
For Sale
$1,350,000
19 Joost AVE, San Francisco, CA 94131
Mixed-use building in Glen Park with commercial and residential units.
Property Size3,510 SF
Lot Size0.04 Acres
Price / SF$384.62
Days on Market209
Property Features for 19 Joost AVE
General Information
Standard status
Active
Size
3,510 SF
Lot size
0.04 Acres
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$17,054
Building Details
Building Size
3,510 SF
Year Built
1900
Listing Agency:
Compass
Listed By:
Ismael Benhamida · License #01722847
(408) 373-6195
Source:
Mpireluxe
Added: Mar 22
Changed: Oct 8
Last Checked: Oct 15 at 6:15AM
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
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Investment Insights
Based on property information with market context.
Located in the Glen Park neighborhood, 19 Joost Avenue is a mixed-use building offering a combination of income potential and owner-user opportunities. The property, situated one block from Glen Park Village and BART, consists of approximately 3,510 square feet on a 1,589 square foot lot. The residential component includes two units: a one-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit, both with private balconies and producing income. The ground-floor commercial space is currently vacant, providing flexibility for various uses. The NC-2 zoning allows for neighborhood-serving retail, office, or service uses. This space presents an opportunity for investors to lease at market rent or for owner-users to operate a business while offsetting costs with residential income. The property benefits from its location in a transit hub with access to I-280 and Highway 101, surrounded by residential properties and retail businesses. Glen Park offers lifestyle appeal, cash flow, appreciation potential, and adaptability.
Key Highlights
- Prime Glen Park location: One block from Glen Park Village and BART, surrounded by multi‑million dollar homes.
- Vacant commercial space: Offers immediate owner‑user optionality or significant rental upside.
- Mixed‑use property: Combines stable residential income with commercial potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,959
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,279,180
$2.3M
Cap Rate 7%
$1,627,986
$1.6M
Cap Rate 9%
$1,266,211
$1.3M
Market Conditions
NOI Build-Up for 3,510 SF
Gross rent
$221.1K $63.00/SF
− Vacancy
−$13.9K −$3.97/SF
EGI
$207.2K $59.03/SF
− OpEx
−$93.2K −$26.56/SF
NOI
$114.0K $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%
$2,279,180
Cap Rate 7%
$1,627,986
Cap Rate 9%
$1,266,211
Alternative Uses
Best Use
Apartment 5plus
$1.63M
$1.42M – $1.90M
NOI $113,959 @ 7.0% cap · market cap 8.44%
Second Best
Mixed Use
$1.12M
$979.0K – $1.31M
NOI $78,317 @ 7.0% cap · market cap 5.80%
Theoretical Best
Specialty Retail
$17.14M
$15.00M – $20.00M
NOI $1,200,144 @ 7.0% cap · market cap 88.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
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Business Placement
Demographics for 94131, CA
28,810
Population
13,755
Households
2.1
Avg Household Size
41
Median Age
78%
College-Educated
98%
High-School Grad
2.0 sq mi
ZIP Area
14,405
Density / Sq Mi
$198,779
Median Household Income
$119,053
Median Earnings
$2,971
Median Rent
$1,749,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building in Glen Park with commercial and residential units.
Where is this mixed-use property located?
The property is located at 19 Joost AVE San Francisco, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime Glen Park location: One block from Glen Park Village and BART, surrounded by multi‑million dollar homes.; Vacant commercial space: Offers immediate owner‑user optionality or significant rental upside.; Mixed‑use property: Combines stable residential income with commercial potential.
