Nine-Unit Mixed-Use Condominium
4501 Irving Street, San Francisco, CA 94122
For Sale
$7,250,000
A ground-floor commercial condominium and separately metered residences are complemented by garage parking and a long-term retail lease.
Property Size12,108 SF
Price / SF$598.78
Days on Market61
Property Features for 4501 Irving Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Compass Commercial
(415) 345-3000
Listed By:
Adam D Filly · License #01354775
(415) 516-9843
Source:
Ayalarealty
Added: Sep 9
Changed: Nov 7
Last Checked: Nov 7 at 3:27PM
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 Compass Commercial
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Investment Insights
Based on property information with market context.
Built in 2005, this mixed-use condominium building contains approximately 12,108 square feet across nine units: four three-bedroom, two-bathroom homes, four two-bedroom, two-bathroom homes, and a ground-floor commercial condominium. Residential finishes include hardwood flooring, granite countertops, stainless steel appliances, and in-unit laundry; select homes have ocean views. The residential units are separately metered for gas and electricity, and the building includes 12 garage parking spaces.
The property is in San Francisco’s Outer Sunset District. The commercial condominium is occupied by Yoga Beach under a lease running through 2030, with one additional five-year option at fair market value. T-Mobile equipment provides an additional income stream. Each condominium has its own parcel number, and the property may continue as a rental investment or individual condominiums may be sold over time.
The property is in San Francisco’s Outer Sunset District. The commercial condominium is occupied by Yoga Beach under a lease running through 2030, with one additional five-year option at fair market value. T-Mobile equipment provides an additional income stream. Each condominium has its own parcel number, and the property may continue as a rental investment or individual condominiums may be sold over time.
Key Highlights
- Nine condominiums: four 3bd/2ba, four 2bd/2ba, and one ground‑floor commercial unit
- Approximately 12,108 square feet; constructed in 2005
- 12 garage parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$365,406
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,308,120
$7.3M
Cap Rate 7%
$5,220,086
$5.2M
Cap Rate 9%
$4,060,067
$4.1M
Market Conditions
NOI Build-Up for 12,108 SF
Gross rent
$709.0K $58.56/SF
− Vacancy
−$44.7K −$3.69/SF
EGI
$664.4K $54.87/SF
− OpEx
−$299.0K −$24.69/SF
NOI
$365.4K $30.18/SF
Area
ZIP 94122
Vacancy
6.30%
Lease Rate
$58.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,308,120
Cap Rate 7%
$5,220,086
Cap Rate 9%
$4,060,067
Alternative Uses
Best Use
Apartment 5plus
$5.22M
$4.57M – $6.09M
NOI $365,406 @ 7.0% cap · market cap 5.04%
Second Best
Mixed Use
$3.27M
$2.86M – $3.81M
NOI $228,841 @ 7.0% cap · market cap 3.16%
Theoretical Best
Multifamily LT 5
$5.81M
$5.08M – $6.77M
NOI $406,407 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
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Business Placement
Demographics for 94122, CA
57,160
Population
24,155
Households
2.4
Avg Household Size
39
Median Age
63%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
17,321
Density / Sq Mi
$145,717
Median Household Income
$80,501
Median Earnings
$2,720
Median Rent
$1,507,100
Median Home Value
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Market
Average Price Trend$/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 - A ground-floor commercial condominium and separately metered residences are complemented by garage parking and a long-term retail lease.
Where is this mixed-use property located?
The property is located at 4501 Irving Street San Francisco, CA.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Nine condominiums: four 3bd/2ba, four 2bd/2ba, and one ground‑floor commercial unit; Approximately 12,108 square feet; constructed in 2005; 12 garage parking spaces
