Office Condo Suite with
406-950 Stockton St San Francisco, CA 94108
406-950 Stockton St, San Francisco, CA, 94108
$248,000
For Sale
$248,000
Move-in condition office condo features a large open area, two private offices, and a private en-suite bath.
Property Size824 SF
Price / SF$300.97
Days on Market45
Property Features for 406-950 Stockton St
General Information
- Standard status
- Active
- Size
- 824 SF
Listing agency
Andersen, Jung & Co.
(415) 699-0843
Listed by
Monica H. Chung · License #01079185
(415) 699-0843
Source
Exprealty
Added: Jun 8 Updated: Jul 21 at 11:03AM Checked: Jul 21 at 11:03AM
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.
Investment Insights
Based on property information with market context.
Move-in condition interior office condo at Mandarin Towers offering a large open area plus two smaller offices, along with a private en-suite bath. The suite is well-suited for a range of professional office uses, and it can be purchased separately or together with adjacent Unit #407.
Public transit convenience is a key aspect of the setting, with the Mandarin Towers located just across from the new Chinatown Metro station. The property is also described as just minutes from Union Square, FiDi, North Beach, and Nob Hill.
Public transit convenience is a key aspect of the setting, with the Mandarin Towers located just across from the new Chinatown Metro station. The property is also described as just minutes from Union Square, FiDi, North Beach, and Nob Hill.
Key Highlights
- Move‑in condition office condo with a large open area, two private offices, and a private en‑suite bath
- Private office layout includes 2 smaller offices in addition to the main open work area
- Adjacent Unit #407 also available; both units can be purchased together or separately (MLS#424012827, MLS#424012829)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.3k | $44.04 |
| − Vacancy | −$9.2k | −$11.19 |
| EGI | $27.1k | $32.85 |
| − OpEx | −$6.8k | −$8.21 |
| NOI | $20.3k | $24.64 |
824 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$290.1K
$253.8K – $338.4K
NOI $20,304 @ 7.0% cap · market cap 8.19%
Second Best
Healthcare Medical
$223.8K
$195.8K – $261.1K
NOI $15,663 @ 7.0% cap · market cap 6.32%
Theoretical Best
Specialty Retail
$4.02M
$3.52M – $4.70M
NOI $281,743 @ 7.0% cap · market cap 113.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Move-in condition office condo features a large open area, two private offices, and a private en-suite bath.
Where is this office units located?
The property is located at 406-950 Stockton St San Francisco, CA.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: Move‑in condition office condo with a large open area, two private offices, and a private en‑suite bath; Private office layout includes 2 smaller offices in addition to the main open work area; Adjacent Unit #407 also available; both units can be purchased together or separately (MLS#424012827, MLS#424012829)
