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Mixed-Use Property with Childcare Space
For Sale
$1,850,000

2124 Taraval Street, San Francisco, CA 94109

Two-level configuration combines a residential unit with a commercial childcare buildout and outdoor play area.

Property Size2,900 SF
Days on Market98

Property Features for 2124 Taraval Street

General Information

Standard status Active
Size 2,900 SF
Property subtype Mixed Use

Additional Details

Road Access Yes

Amenities

natural light
open floor plan
ADA compliance bathrooms
kitchenette
backyard playground
full HVAC
upgraded fire alarm system

Building Details

Building Size 2,900 SF
Year Built 1919
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Roark R O'Neill · License #01221302
Source: Bonniespindler
Added: May 26 Changed: Aug 30 Last Checked: Aug 3 at 11:31AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 2,900-square-foot mixed-use property, built in 1919, places a residential unit above commercial space configured as a childcare center. The lower-level buildout includes an open floor plan, natural light, a kitchenette, full HVAC, and two ADA-compliant bathrooms—one for children and one for adults. A backyard playground, upgraded fire alarm system, street frontage, and signage visibility are also part of the improvements.

The property is located at 2124 Taraval Street in San Francisco’s Outer Sunset/Parkside corridor. The site is along Taraval Street near restaurants and neighborhood amenities, with access to the Muni L Taraval line. The combination of residential and childcare-oriented improvements creates a distinct mixed-use configuration within an established San Francisco neighborhood.

Key Highlights

  • 2,900 SF mixed‑use property with a residential unit over commercial space
  • Commercial area configured as a childcare center with open plan and kitchenette
  • Two ADA‑compliant bathrooms: 1 child and 1 adult

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,463
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.00%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,109,260 $1.1M
Cap Rate 7%
$792,329 $792.3K
Cap Rate 9%
$616,256 $616.3K
Market Conditions
NOI Build-Up for 2,900 SF 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.
Gross rent
$104.4K $36.00/SF
− Vacancy
−$15.7K −$5.40/SF
EGI
$88.7K $30.60/SF
− OpEx
−$33.3K −$11.48/SF
NOI
$55.5K $19.13/SF
Area
ZIP 94109
Vacancy
15.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,109,260
Cap Rate 7%
$792,329
Cap Rate 9%
$616,256

Alternative Uses

Best Use
Mixed Use
$792.3K
$693.3K – $924.4K (±1% cap)
NOI $55,463 @ 7.0% cap · market cap 3.00%
Second Best
no second resolved use
Theoretical Best
Retail
$13.22M
$11.57M – $15.42M (±1% cap)
NOI $925,467 @ 7.0% cap · market cap 50.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Panda Children's Center Daycare Center

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Grocery & Convenience Store Big Box & Wholesale Store Restaurant

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,175
Businesses Nearby

Demographics for 94109, CA

58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level configuration combines a residential unit with a commercial childcare buildout and outdoor play area.
Where is this mixed-use property located?
The property is located at 2124 Taraval Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 2,900 SF mixed‑use property with a residential unit over commercial space; Commercial area configured as a childcare center with open plan and kitchenette; Two ADA‑compliant bathrooms: 1 child and 1 adult
More about this property
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