54-Unit Mixed-Use Apartment
For Sale
$9,995,000
7783 9th Street, San Francisco, CA 94103
Two leased ground-floor storefronts complement a residential building with studio and one-bedroom apartments.
Property Size22,670 SF
Lot Size0.12 Acres
Price / SF$440.89
Days on Market9
Property Features for 7783 9th Street
General Information
Standard status
Active
Size
22,670 SF
Lot size
0.12 Acres
Property subtype
COMMERCIAL
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
44 x studio, 10 x 1BR/1BA
Multifamily Units
54
Additional Details
Cap Rate
5.59%
Taxes and HOA fees
Annual Taxes
$120,750
Amenities
on-site laundry
full basement
central boiler
building-wide video surveillance
Building Details
Building Size
22,670 SF
Year Built
1912
Year Renovated
2024
Buildings
1
Stories
6
Tenancy
Multi
Listing Agency:
KW Advisors
Listed By:
Alina Siert · License #01893238
(408) 712-7692
Source:
Vanguardproperties
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 13 at 12:16AM
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
Investment Insights
Based on property information with market context.
This six-story mixed-use building contains 54 apartments and two ground-floor commercial storefronts. The residential mix includes 44 studios and 10 one-bedroom, one-bath units, totaling approximately 22,670 square feet on a 5,025-square-foot lot. Built in 1912, the property was renovated in 2012 and 2024. Many apartments feature hardwood flooring, quartz countertops, and tile backsplashes. Building amenities and systems include on-site laundry, a full basement, a central boiler, and video surveillance throughout.
The property is in San Francisco’s SoMa/Mid-Market area, one block from Market Street and approximately 0.2 miles from Civic Center BART and Muni. City Hall, Union Square, Mid-Market employers, and freeway access are also nearby. The apartments and storefronts are leased, and the stated current cap rate is 5.59%, with a pro forma cap rate of 6.45% at market rents.
The property is in San Francisco’s SoMa/Mid-Market area, one block from Market Street and approximately 0.2 miles from Civic Center BART and Muni. City Hall, Union Square, Mid-Market employers, and freeway access are also nearby. The apartments and storefronts are leased, and the stated current cap rate is 5.59%, with a pro forma cap rate of 6.45% at market rents.
Key Highlights
- 54 apartments and 2 ground‑floor commercial storefronts
- 44 studios and 10 one‑bedroom/one‑bath apartments
- Approximately 22,670 SF on a 5,025 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$736,028
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,720,560
$14.7M
Cap Rate 7%
$10,514,686
$10.5M
Cap Rate 9%
$8,178,089
$8.2M
Market Conditions
NOI Build-Up for 22,670 SF
Gross rent
$1.43M $63.00/SF
− Vacancy
−$90.0K −$3.97/SF
EGI
$1.34M $59.03/SF
− OpEx
−$602.2K −$26.56/SF
NOI
$736.0K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,720,560
Cap Rate 7%
$10,514,686
Cap Rate 9%
$8,178,089
Alternative Uses
Best Use
Retail
$103.35M
$90.43M – $120.58M
NOI $7,234,598 @ 7.0% cap · market cap 72.38%
Second Best
Apartment 5plus
$10.51M
$9.20M – $12.27M
NOI $736,028 @ 7.0% cap · market cap 7.36%
Theoretical Best
Specialty Retail
$110.73M
$96.89M – $129.19M
NOI $7,751,355 @ 7.0% cap · market cap 77.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
54
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two leased ground-floor storefronts complement a residential building with studio and one-bedroom apartments.
Where is this mixed-use property located?
The property is located at 7783 9th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $9,995,000.
What are key features of this property?
This property features: 54 apartments and 2 ground‑floor commercial storefronts; 44 studios and 10 one‑bedroom/one‑bath apartments; Approximately 22,670 SF on a 5,025 SF lot
