3-Unit Mixed-Use
For Sale
$1,710,000
3121-3125 Castro Street, San Francisco, CA 94131
Two residences and a commercial unit occupy a corner at Castro and Chenery streets.
Property Size3,154 SF
Price / SF$542.17
Days on Market160
Property Features for 3121-3125 Castro Street
General Information
Standard status
Active
Size
3,154 SF
Property subtype
Mixed Use
Site & Location
Neighborhood
Glen Park
Corner Location
Yes
Public Transit
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Amenities
rear yard
washer/dryer
fireplace
Building Details
Building Size
3,154 SF
Year Built
1931
Buildings
1
Listing Agency:
Side
Listed By:
Outpost Real Estate · License #01411471
(415) 879-8311
Source:
Outpostrealestate
Added: May 22
Changed: Oct 27
Last Checked: Oct 26 at 3:53PM
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 Side
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,154-square-foot mixed-use property, built in 1931, contains two residential units and one commercial space. The residences include a one-bedroom, one-bathroom unit and a three-bedroom, two-bathroom unit with living and dining areas and a fireplace. Both have access to the rear yard. Two garages are positioned at the front of the building, and a washer and dryer are located in the garage.
The commercial space is at 598 Chenery Street, on the Castro and Chenery streets corner in San Francisco. The location is near neighborhood cafes, bakeries, restaurants, shops, and public transportation. The commercial space previously housed Destination Bakery, which operated there for more than 20 years.
The commercial space is at 598 Chenery Street, on the Castro and Chenery streets corner in San Francisco. The location is near neighborhood cafes, bakeries, restaurants, shops, and public transportation. The commercial space previously housed Destination Bakery, which operated there for more than 20 years.
Key Highlights
- 3,154‑square‑foot mixed‑use property built in 1931
- Three units: two residences and one commercial space
- Residential layouts include 1 bedroom/1 bathroom and 3 bedrooms/2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,401
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,048,020
$2.0M
Cap Rate 7%
$1,462,871
$1.5M
Cap Rate 9%
$1,137,789
$1.1M
Market Conditions
NOI Build-Up for 3,154 SF
Gross rent
$198.7K $63.00/SF
− Vacancy
−$12.5K −$3.97/SF
EGI
$186.2K $59.03/SF
− OpEx
−$83.8K −$26.56/SF
NOI
$102.4K $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%
$2,048,020
Cap Rate 7%
$1,462,871
Cap Rate 9%
$1,137,789
Alternative Uses
Best Use
Retail
$14.38M
$12.58M – $16.78M
NOI $1,006,525 @ 7.0% cap · market cap 58.86%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.71M
NOI $102,401 @ 7.0% cap · market cap 5.99%
Theoretical Best
Specialty Retail
$15.41M
$13.48M – $17.97M
NOI $1,078,420 @ 7.0% cap · market cap 63.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,003
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residences and a commercial unit occupy a corner at Castro and Chenery streets.
Where is this mixed-use property located?
The property is located at 3121-3125 Castro Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,710,000.
What are key features of this property?
This property features: 3,154‑square‑foot mixed‑use property built in 1931; Three units: two residences and one commercial space; Residential layouts include 1 bedroom/1 bathroom and 3 bedrooms/2 bathrooms
