Mixed-Use Building with Commercial
For Sale
$3,600,000
702-712 Vallejo St, San Francisco, CA 94133
Three-story building offers 4 ground-floor commercial units and 40 SRO rooms above on a small lot.
Property Size12,000 SF
Lot Size0.10 Acres
Price / SF$300
Days on Market95
Property Features for 702-712 Vallejo St
General Information
Standard status
Active
Size
12,000 SF
Lot size
0.10 Acres
Property subtype
Mixed-Use
Zoning
NCD
Occupancy
77%
Additional Details
Multifamily Units
40
Amenities
Great Location in North Beach
Lot Size: 4,356 SqFt(Tax Record)
Building Size: 12,000 SqFt(Measured)
4 Commercial Spaces & 40 SRO Rooms
Current CAP Rate is 8.64%
Building Details
Stories
3
Listing Agency:
Marcus & Millichap
Listed By:
Ning Ho · License #License(s): CA: 01943903
(415) 625-2192
Source:
Marcusmillichap
Added: Jul 18
Changed: Oct 8
Last Checked: Oct 19 at 3:22AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
702-712 Vallejo Street is a three-story mixed-use building with 4 commercial units on the ground floor and 40 SRO (Single Room Occupancy) rooms on the upper levels. The property totals 12,000 square feet on a 4,356 square foot lot, providing a combined residential and street-level commercial setup.
The building is located in San Francisco’s North Beach neighborhood, with access to area dining and entertainment, and proximity to several well-known local destinations. Zoning is North Beach Neighborhood Commercial (NCD), supporting the property’s mixed-use configuration.
With commercial frontage at grade and SRO units on upper floors, the building offers a straightforward investment structure for buyers seeking a multi-unit income property with integrated neighborhood retail and hospitality-oriented uses at street level.
The building is located in San Francisco’s North Beach neighborhood, with access to area dining and entertainment, and proximity to several well-known local destinations. Zoning is North Beach Neighborhood Commercial (NCD), supporting the property’s mixed-use configuration.
With commercial frontage at grade and SRO units on upper floors, the building offers a straightforward investment structure for buyers seeking a multi-unit income property with integrated neighborhood retail and hospitality-oriented uses at street level.
Key Highlights
- Three‑story mixed‑use building (built 1900) with 12,000 SF total area
- Includes 4 ground‑floor commercial units
- Has 40 SRO (Single Room Occupancy) rooms on the upper levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$267,750
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,355,000
$5.4M
Cap Rate 7%
$3,825,000
$3.8M
Cap Rate 9%
$2,975,000
$3.0M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$504.0K $42.00/SF
− Vacancy
−$75.6K −$6.30/SF
EGI
$428.4K $35.70/SF
− OpEx
−$160.7K −$13.39/SF
NOI
$267.8K $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%
$5,355,000
Cap Rate 7%
$3,825,000
Cap Rate 9%
$2,975,000
Alternative Uses
Best Use
Apartment 5plus
$5.57M
$4.87M – $6.49M
NOI $389,605 @ 7.0% cap · market cap 10.82%
Second Best
Mixed Use
$3.82M
$3.35M – $4.46M
NOI $267,750 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$58.62M
$51.29M – $68.38M
NOI $4,103,055 @ 7.0% cap · market cap 113.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
20,446
Businesses Nearby
Explore this area
Business Placement
Demographics for 94133, CA
26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story building offers 4 ground-floor commercial units and 40 SRO rooms above on a small lot.
Where is this mixed-use property located?
The property is located at 702-712 Vallejo St San Francisco, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Three‑story mixed‑use building (built 1900) with 12,000 SF total area; Includes 4 ground‑floor commercial units; Has 40 SRO (Single Room Occupancy) rooms on the upper levels
