Mixed-Use Building with
416-422 Turk Street, San Francisco, CA 94102
For Sale
Contact for pricing
The five-story property combines apartments with street-level commercial space in San Francisco’s Tenderloin.
Property Size19,780 SF
Lot Size0.11 Acres
Price / SF$303.08
Days on Market38
Property Features for 416-422 Turk Street
General Information
Standard status
Size
Elevators
Lot size
Property subtype
Site & Location
Neighborhood
Public Transit
Utilities to Site
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Cap Rate
Tenant in Place
Amenities
secured entry
lobby
Building Details
Year Built
Year Renovated
Buildings
Stories
Construction
Tenancy
Listing Agency:
KW Advisors Realty
Listed By:
Alina Siert · License CA #01893238
(408) 712-7692
Source:
Crexi
Added: Oct 8
Changed: Nov 10
Last Checked: Nov 14 at 2:28AM
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 KW Advisors Realty
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Investment Insights
Based on property information with market context.
Built in 1907, this five-story mixed-use property contains 25 apartments and three ground-floor commercial spaces within approximately 19,780 square feet on a 4,624-square-foot lot. The apartment mix includes 15 one-bedroom units, eight studios and two two-bedroom units. About 80% of the apartments have been renovated and feature wood floors. Building amenities include a secured entrance and lobby, plus elevator service between the basement and top floor. Gas and electricity are separately metered. Seismic improvements were completed in 2014, and the main roof was replaced in 2020. Architectural plans have been prepared for three potential ADUs.
The property is near Turk and Hyde streets in San Francisco’s Tenderloin. UC Law San Francisco is a block away; Civic Center, City Hall, Van Ness and Union Square are within walking distance. BART and Muni are nearby. The current cap rate is 6.57%, with a 9.53% pro forma cap rate. Market rents are approximately 52% above in-place apartment rents.
The property is near Turk and Hyde streets in San Francisco’s Tenderloin. UC Law San Francisco is a block away; Civic Center, City Hall, Van Ness and Union Square are within walking distance. BART and Muni are nearby. The current cap rate is 6.57%, with a 9.53% pro forma cap rate. Market rents are approximately 52% above in-place apartment rents.
Key Highlights
- 25 apartments and 3 ground‑floor commercial spaces
- 15 one‑bedrooms, 8 studios and 2 two‑bedrooms
- Approximately 19,780 SF on a 4,624 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$441,341
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,826,820
$8.8M
Cap Rate 7%
$6,304,871
$6.3M
Cap Rate 9%
$4,903,789
$4.9M
Market Conditions
NOI Build-Up for 19,780 SF
Gross rent
$830.8K $42.00/SF
− Vacancy
−$124.6K −$6.30/SF
EGI
$706.1K $35.70/SF
− OpEx
−$264.8K −$13.39/SF
NOI
$441.3K $22.31/SF
Area
San Francisco, CA
Vacancy
15.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,826,820
Cap Rate 7%
$6,304,871
Cap Rate 9%
$4,903,789
Alternative Uses
Best Use
Apartment 5plus
$9.17M
$8.03M – $10.70M
NOI $642,198 @ 7.0% cap · market cap 10.71%
Second Best
Mixed Use
$6.30M
$5.52M – $7.36M
NOI $441,341 @ 7.0% cap · market cap 7.36%
Theoretical Best
Multifamily LT 5
$10.04M
$8.79M – $11.72M
NOI $702,972 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
25
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
19,172
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
$996,300
Median Home Value
Market
Average Price Trend$/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 - The five-story property combines apartments with street-level commercial space in San Francisco’s Tenderloin.
Where is this mixed-use property located?
The property is located at 416-422 Turk Street San Francisco, CA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 25 apartments and 3 ground‑floor commercial spaces; 15 one‑bedrooms, 8 studios and 2 two‑bedrooms; Approximately 19,780 SF on a 4,624 SF lot
