Mixed-Use Asset in Outer
3405 Anza St, San Francisco, CA 94121
For Sale
Contact for pricing
Three-unit mixed-use property in San Francisco's Outer Richmond.
Property Size2,700 SF
Price / SF$425.93
Days on Market268
Property Features for 3405 Anza St
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Marcus & Millichap - San Francisco
Listed By:
Angelo Baglieri · License CA #01996324
(415) 625-2111
Source:
Crexi
Added: Feb 16
Changed: Aug 8
Last Checked: Aug 8 at 6:33AM
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 Marcus & Millichap - San Francisco
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Investment Insights
Based on property information with market context.
The property at 3405 Anza Street is a three-unit mixed-use asset located in San Francisco’s Outer Richmond neighborhood. The property includes two residential flats above a ground-floor commercial space. The residential unit mix includes one three-bedroom, one-bath flat, and one two-bedroom, one-bath unit. The ground floor residential unit is currently delivered vacant. The commercial tenant operates on a month-to-month basis. The building is separately metered for water, gas, and electricity. The property is located three blocks from Golden Gate Park and two blocks from Clement Street. The property is suited for investors seeking long-term appreciation with rental upside, or an owner-user looking to occupy the vacant unit while maintaining income from the remaining spaces. The property size is 2700 square feet.
Key Highlights
- Prime location: Just 3 blocks from Golden Gate Park and 2 blocks from Clement Street's restaurants and retail.
- Mixed‑use property: Features two residential units and a ground‑floor commercial space for income diversification.
- Value‑add opportunity: Vacant ground floor unit allows for renovation and increased rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,957
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,919,140
$1.9M
Cap Rate 7%
$1,370,814
$1.4M
Cap Rate 9%
$1,066,189
$1.1M
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$145.8K $54.00/SF
− Vacancy
−$8.7K −$3.23/SF
EGI
$137.1K $50.77/SF
− OpEx
−$41.1K −$15.23/SF
NOI
$96.0K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,919,140
Cap Rate 7%
$1,370,814
Cap Rate 9%
$1,066,189
Alternative Uses
Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $95,957 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$1.25M
$1.10M – $1.46M
NOI $87,661 @ 7.0% cap · market cap 7.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,773
Businesses Nearby
Explore this area
Business Placement
Demographics for 94121, CA
43,115
Population
19,742
Households
2.2
Avg Household Size
42
Median Age
64%
College-Educated
92%
High-School Grad
2.5 sq mi
ZIP Area
17,246
Density / Sq Mi
$138,353
Median Household Income
$74,646
Median Earnings
$2,327
Median Rent
$1,634,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in San Francisco, CA
Properties on Market for Mixed-use properties in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit mixed-use property in San Francisco's Outer Richmond.
Where is this mixed-use property located?
The property is located at 3405 Anza St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime location: Just 3 blocks from Golden Gate Park and 2 blocks from Clement Street's restaurants and retail.; Mixed‑use property: Features two residential units and a ground‑floor commercial space for income diversification.; Value‑add opportunity: Vacant ground floor unit allows for renovation and increased rental income.
