Remodeled Office with Residential
335 S Van Ness Ave, San Francisco, CA
For Sale
Contact for pricing
Remodeled office space with attached garage and residential unit.
Property Size6,000 SF
Lot Size0.09 Acres
Price / SF$500
Days on Market1112
Property Features for 335 S Van Ness Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Starboard Commercial Real Estate
(415) 765-6900
Listed By:
Craig Hansson
(415) 710-7768
Source:
Moodyscre
Added: Oct 26, 2023
Changed: Aug 8
Last Checked: Jul 27 at 4:28AM
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 Starboard Commercial Real Estate
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Investment Insights
Based on property information with market context.
This property features a newly remodeled office space with an open floor plan, light wood flooring, and a modern conceptual design. The office includes a full kitchen, two bathrooms (one with a shower), and ample storage/closet space. A single-car parking garage is attached to the office, providing user parking or storage. The property also includes a one-bedroom residential unit with an open plan kitchen, plenty of natural light, and an exclusive rooftop deck. The property is currently leased to a nonprofit on a month-to-month tenancy, allowing a future owner to extend the lease or use the space.
Key Highlights
- Newly remodeled open floor plan
- Full kitchen and two bathrooms, one with shower
- Enjoy the exclusive rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,842
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,956,840
$3.0M
Cap Rate 7%
$2,112,029
$2.1M
Cap Rate 9%
$1,642,689
$1.6M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$264.2K $44.04/SF
− Vacancy
−$67.1K −$11.19/SF
EGI
$197.1K $32.85/SF
− OpEx
−$49.3K −$8.21/SF
NOI
$147.8K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,956,840
Cap Rate 7%
$2,112,029
Cap Rate 9%
$1,642,689
Alternative Uses
Best Use
Office B
$2.11M
$1.85M – $2.46M
NOI $147,842 @ 7.0% cap · market cap 4.93%
Second Best
Mixed Use
$1.91M
$1.67M – $2.23M
NOI $133,875 @ 7.0% cap · market cap 4.46%
Theoretical Best
Multifamily LT 5
$3.05M
$2.67M – $3.55M
NOI $213,237 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
8,400
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in San Francisco, CA
Properties on Market for Office Units in San Francisco
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Office unit - Remodeled office space with attached garage and residential unit.
Where is this office unit located?
The property is located at 335 S Van Ness Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Newly remodeled open floor plan; Full kitchen and two bathrooms, one with shower; Enjoy the exclusive rooftop deck
