SOMA Mixed-Use Work/Live
22-24 Russ Street San Francisco, CA 94103
22-24 Russ Street, San Francisco, CA, 94103
$1,079,000
For Sale
$1,079,000
Two-unit mixed-use building in San Francisco's SOMA neighborhood.
Property Size3,750 SF
Price / SF$287.73
Days on Market147
Property Features for 22-24 Russ Street
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1907
Listing Agency
Urban Group Real Estate
(415) 863-1775
Listed by
Anastasia Ro Beckett · License #02346935
(415) 863-1775
Source
Compass
Added: Feb 20 Checked: Jul 17 at 3:47 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 Urban Group Real Estate
Investment Insights
Based on property information with market context.
Located in San Francisco's SOMA neighborhood, 22-24 Russ Street is a two-unit mixed-use building offering approximately 3,750 square feet of space. The property is suitable for both owner-users and investors. The location has a walk score of 98 and a transit score of 100. The building's spacious design and central location make it ideal for creative uses.
Key Highlights
- Rare two‑unit mixed‑use work/live building in SOMA.
- Excellent location with a walk score of 98 and a transit score of 100.
- Spacious design with approximately 3,750 square feet.
Local 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 | $165.2k | $44.04 |
| − Vacancy | −$41.9k | −$11.19 |
| EGI | $123.2k | $32.85 |
| − OpEx | −$30.8k | −$8.21 |
| NOI | $92.4k | $24.64 |
3,750 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,401 @ 7.0% cap · market cap 8.56%
Second Best
Mixed Use
$1.20M
$1.05M – $1.39M
NOI $83,672 @ 7.0% cap · market cap 7.75%
Theoretical Best
Specialty Retail
$18.32M
$16.03M – $21.37M
NOI $1,282,205 @ 7.0% cap · market cap 118.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-unit mixed-use building in San Francisco's SOMA neighborhood.
Where is this mixed-use property located?
The property is located at 22-24 Russ Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,079,000.
What are key features of this property?
This property features: Rare two‑unit mixed‑use work/live building in SOMA.; Excellent location with a walk score of 98 and a transit score of 100.; Spacious design with approximately 3,750 square feet.
