Mixed-Use Victorian Building in San
2924-2926 CESAR CHAVEZ Street San Francisco, CA 94110
2924-2926 CESAR CHAVEZ Street, San Francisco, CA, 94110
$1,328,000
For Sale
$1,328,000
Two-unit mixed-use Victorian building with conversion potential.
Property Size2,664 SF
Price / SF$498.50
Days on Market286
Property Features for 2924-2926 CESAR CHAVEZ Street
General Information
- Standard status
- Active
- Size
- 2,664 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1914
Listing Agency
INTERO REAL ESTATE SERVICES
(650) 589-1000
Listed by
ELIZABETH NGUYEN · License #01403644
Source
Corcoran
Added: Oct 9, 2025 Updated: Jul 10 at 12:57 pm Checked: Jul 19 at 4:34 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 INTERO REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
This two-unit mixed-use Victorian building is located in San Francisco. The ground level commercial unit is currently vacant but has an approved site plan for conversion into a two-bedroom, two-bathroom residential unit. The upper residential unit spans two levels and features nine bedrooms and two bathrooms, currently rented room by room to a master tenant, generating approximately $8,000 per month in income. The property is suited for investors, 1031 exchangers, developers, contractors, or first-time homebuyers seeking to occupy one unit and collect rental income from the other. The building offers convenient access to shops, supermarkets, schools, parks, restaurants, and public transportation. Its location provides proximity to Downtown San Francisco and San Francisco International Airport, with easy access to freeways 101 and 280. The property size is 2,664 square feet.
Key Highlights
- Prime investment opportunity: mixed‑use Victorian building in San Francisco.
- Ground‑level commercial unit with approved site plan for conversion to a 2‑bedroom, 2‑bathroom residential unit.
- Upper residential unit: 9 bedrooms, 2 bathrooms, currently rented room by room, generating approximately $8,000/month.
Local Financial Insights For Apartment 5plus
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 | $159.8k | $60.00 |
| − Vacancy | −$10.1k | −$3.78 |
| EGI | $149.8k | $56.22 |
| − OpEx | −$67.4k | −$25.30 |
| NOI | $82.4k | $30.92 |
2,664 SF · lease $60.00/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Retail
$12.15M
$10.63M – $14.17M
NOI $850,153 @ 7.0% cap · market cap 64.02%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,374 @ 7.0% cap · market cap 6.20%
Theoretical Best
Specialty Retail
$13.01M
$11.39M – $15.18M
NOI $910,878 @ 7.0% cap · market cap 68.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Mixed-use property - Two-unit mixed-use Victorian building with conversion potential.
Where is this mixed-use property located?
The property is located at 2924-2926 CESAR CHAVEZ Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,328,000.
What are key features of this property?
This property features: Prime investment opportunity: mixed‑use Victorian building in San Francisco.; Ground‑level commercial unit with approved site plan for conversion to a 2‑bedroom, 2‑bathroom residential unit.; Upper residential unit: 9 bedrooms, 2 bathrooms, currently rented room by room, generating approximately $8,000/month.
