2501 Van Ness Ave San Francisco, CA 94109

Listing agency Compass San Francisco a***@adamfilly.com Show Phone

Listed by Adam Filly · License #CA 01354775

Source Crexi

Added: Apr 12 Updated: Jul 21 at 4:34PM Checked: Jul 21 at 4:34PM

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Investment Insights

Based on property information with market context.

2501 Van Ness is a corner mixed-use property with street-level retail and residential units above. The commercial component includes four retail units, including a convenience store with a large basement area used for storage. The residential portion consists of 13 SRO rooms split across two levels, with each level served by one shared toilet and shower. A two-level apartment is occupied by the master leasee, and the SRO are operated under a master leasee arrangement.

The retail tenants are described as having month-to-month leases or short time remaining. The month-to-month master lease is described as currently below market rate, and residential hotels are noted as uncommon in Cow Hollow. Tenants pay all utilities except for a common area PG&E account that is reported to cost about $800 per year.

The property requires a soft-story seismic retrofit, and approved plans are available for review.

Key Highlights

• Corner mixed‑use building with four street‑level retail units and 13 SRO rooms plus a two‑level apartment
• SRO operated under a master lease that is month‑to‑month at rent below market, creating upside potential
• 13 SRO rooms split across two levels; each floor has one shared toilet and shower

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FAQs

What type of property is this?

Mixed-use property - Corner mixed-use building with four street-level retail units and 13 SRO rooms plus a two-level apartment.

Where is this mixed-use property located?

The property is located at 2501 Van Ness Ave San Francisco, CA.

What are key features of this property?

This property features: Corner mixed‑use building with four street‑level retail units and 13 SRO rooms plus a two‑level apartment; SRO operated under a master lease that is month‑to‑month at rent below market, creating upside potential; 13 SRO rooms split across two levels; each floor has one shared toilet and shower