Two Office Condos with En-Suite
For Sale
$500,000
406-7-950 Stockton St, San Francisco, CA 94108
Adjacent units provide flexible layouts for owner occupancy or leasing.
Property Size1,845 SF
Price / SF$271
Days on Market138
Property Features for 406-7-950 Stockton St
General Information
Standard status
Active
Size
1,845 SF
Additional Details
Public Transit
Yes
Listing Agency:
Andersen, Jung & Co.
(415) 397-1966
Listed By:
Monica H. Chung · License #01079185
(415) 699-0843
Source:
Exprealty
Added: Jun 1
Changed: Oct 14
Last Checked: Oct 16 at 10:11AM
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 Andersen, Jung & Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes two interior office condominium units at Mandarin Towers, with a combined property size of 1,845 SF. Each unit includes a private en-suite bath. Unit #406 features a large open area plus two smaller offices, while Unit #407 provides a large open area, a smaller open area, and three smaller offices. The units are available together or separately.
The property is located in San Francisco’s Chinatown, directly across from the Chinatown Metro station. Union Square, the Financial District, North Beach, and Nob Hill are identified as minutes away. The layouts support professional office use, with medical and med spa applications subject to buyer verification. The configuration also allows an owner-user to occupy one or both units or lease space independently.
The property is located in San Francisco’s Chinatown, directly across from the Chinatown Metro station. Union Square, the Financial District, North Beach, and Nob Hill are identified as minutes away. The layouts support professional office use, with medical and med spa applications subject to buyer verification. The configuration also allows an owner-user to occupy one or both units or lease space independently.
Key Highlights
- Two interior office condominium units at Mandarin Towers
- 1,845 SF property size
- Private en‑suite bath in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,462
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,240
$909.2K
Cap Rate 7%
$649,457
$649.5K
Cap Rate 9%
$505,133
$505.1K
Market Conditions
NOI Build-Up for 1,845 SF
Gross rent
$81.3K $44.04/SF
− Vacancy
−$20.6K −$11.19/SF
EGI
$60.6K $32.85/SF
− OpEx
−$15.2K −$8.21/SF
NOI
$45.5K $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%
$909,240
Cap Rate 7%
$649,457
Cap Rate 9%
$505,133
Alternative Uses
Best Use
Office B
$649.5K
$568.3K – $757.7K
NOI $45,462 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.01M
$7.89M – $10.51M
NOI $630,845 @ 7.0% cap · market cap 126.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31,653
Businesses Nearby
Explore this area
Business Placement
Demographics for 94108, CA
13,097
Population
7,730
Households
1.7
Avg Household Size
42
Median Age
45%
College-Educated
76%
High-School Grad
0.3 sq mi
ZIP Area
43,657
Density / Sq Mi
$63,864
Median Household Income
$53,617
Median Earnings
$1,562
Median Rent
$1,207,500
Median Home Value
Market
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Office units - Adjacent units provide flexible layouts for owner occupancy or leasing.
Where is this office units located?
The property is located at 406-7-950 Stockton St San Francisco, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two interior office condominium units at Mandarin Towers; 1,845 SF property size; Private en‑suite bath in each unit
