Mixed-Use Building with
For Sale
$4,500,000
Pending
34 Turk Street, San Francisco, CA 94102
Large mixed-use property with residential units, ground-floor commercial space, elevator access, laundry facilities, and communal areas.
Property Size58,718 SF
Lot Size0.22 Acres
Days on Market176
Property Features for 34 Turk Street
General Information
Standard status
Pending
Size
58,718 SF
Elevators
Yes
Lot size
0.22 Acres
Property subtype
Mixed Use
Additional Details
Public Transit
Yes
Multifamily Units
180
Amenities
laundry facilities
communal spaces
Building Details
Building Size
58,718 SF
Year Built
1909
Listing Agency:
Colliers International
Listed By:
Brad Lagomarsino · License #01058500
(415) 288-7847
Source:
Gregglynn
Added: Apr 23
Changed: Oct 8
Last Checked: Oct 15 at 6:28AM
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 Colliers International
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Investment Insights
Based on property information with market context.
This mixed-use property contains 180 residential units, including a range of SRO configurations, along with 2 ground-floor commercial spaces. The 1909 building encompasses approximately 58,718 square feet on a 9,453 square foot lot and includes elevator service, laundry facilities, and communal areas. Housing support programs associated with the property include HUD Project-Based Vouchers (PBS8), VASH, and local housing initiatives.
The property is located at 34 Turk Street in San Francisco’s Tenderloin neighborhood, near Market Street, Civic Center, and Union Square. Its central setting provides access to public transportation, employment centers, and surrounding neighborhood amenities.
The property is located at 34 Turk Street in San Francisco’s Tenderloin neighborhood, near Market Street, Civic Center, and Union Square. Its central setting provides access to public transportation, employment centers, and surrounding neighborhood amenities.
Key Highlights
- 180 residential units with a mix of SRO configurations
- 2 ground‑floor commercial spaces
- Approximately 58,718 square feet on a 9,453 square foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$376,529
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,530,580
$7.5M
Cap Rate 7%
$5,378,986
$5.4M
Cap Rate 9%
$4,183,656
$4.2M
Market Conditions
NOI Build-Up for 58,718 SF
Gross rent
$1.06M $18.00/SF
− Vacancy
−$264.2K −$4.50/SF
EGI
$792.7K $13.50/SF
− OpEx
−$416.2K −$7.09/SF
NOI
$376.5K $6.41/SF
Area
San Francisco, CA
Vacancy
25.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,530,580
Cap Rate 7%
$5,378,986
Cap Rate 9%
$4,183,656
Alternative Uses
Best Use
Apartment 5plus
$27.23M
$23.83M – $31.77M
NOI $1,906,400 @ 7.0% cap · market cap 42.36%
Second Best
Mixed Use
$18.72M
$16.38M – $21.84M
NOI $1,310,145 @ 7.0% cap · market cap 29.11%
Theoretical Best
Specialty Retail
$286.81M
$250.96M – $334.62M
NOI $20,076,932 @ 7.0% cap · market cap 446.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
180
Residential units
Location Intelligence
Trade Area within ½ mile
25,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 94102, CA
39,432
Population
23,153
Households
1.7
Avg Household Size
40
Median Age
42%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
56,331
Density / Sq Mi
$64,781
Median Household Income
$55,873
Median Earnings
$1,517
Median Rent
$996,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Large mixed-use property with residential units, ground-floor commercial space, elevator access, laundry facilities, and communal areas.
Where is this mixed-use property located?
The property is located at 34 Turk Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 180 residential units with a mix of SRO configurations; 2 ground‑floor commercial spaces; Approximately 58,718 square feet on a 9,453 square foot lot
