Mixed-Use Building with
800 Larkin Street, San Francisco, CA 94109
For Sale
$2,290,000
The upper level contains 11 SRO rooms, alongside four ground-floor commercial spaces.
Property Size7,236 SF
Price / SF$316.47
Days on Market42
Property Features for 800 Larkin Street
General Information
Standard status
Size
Property subtype
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Ivan Leung
Source:
Gantproperties
Added: Sep 29
Changed: Nov 7
Last Checked: Nov 8 at 5:56PM
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
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Investment Insights
Based on property information with market context.
The 7,236-square-foot property, built in 1914, combines four ground-floor commercial spaces with 11 SRO rooms above. One commercial space is vacant; the others are occupied by a grocery store, smoke shop, and bar. Most of the rooms have been remodeled in recent years.
Located near Civic Center and the Van Ness Corridor, the property is reported at an 11.74% cap rate and a 6.42 GRM.
Located near Civic Center and the Van Ness Corridor, the property is reported at an 11.74% cap rate and a 6.42 GRM.
Key Highlights
- 7,236‑square‑foot mixed‑use property built in 1914
- Four ground‑floor commercial spaces and 11 upper‑level SRO rooms
- One commercial space is vacant; current businesses include a grocery store, smoke shop, and bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,783
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,695,660
$3.7M
Cap Rate 7%
$2,639,757
$2.6M
Cap Rate 9%
$2,053,144
$2.1M
Market Conditions
NOI Build-Up for 7,236 SF
Gross rent
$277.0K $38.28/SF
− Vacancy
−$13.0K −$1.80/SF
EGI
$264.0K $36.48/SF
− OpEx
−$79.2K −$10.94/SF
NOI
$184.8K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,695,660
Cap Rate 7%
$2,639,757
Cap Rate 9%
$2,053,144
Alternative Uses
Best Use
Apartment 5plus
$3.09M
$2.70M – $3.60M
NOI $216,137 @ 7.0% cap · market cap 9.44%
Second Best
Retail
$2.64M
$2.31M – $3.08M
NOI $184,783 @ 7.0% cap · market cap 8.07%
Theoretical Best
Multifamily LT 5
$3.47M
$3.04M – $4.05M
NOI $242,877 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
15,029
Businesses Nearby
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Business Placement
Demographics for 94109, CA
58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
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Market
Average Price Trend$/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 - The upper level contains 11 SRO rooms, alongside four ground-floor commercial spaces.
Where is this mixed-use property located?
The property is located at 800 Larkin Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: 7,236‑square‑foot mixed‑use property built in 1914; Four ground‑floor commercial spaces and 11 upper‑level SRO rooms; One commercial space is vacant; current businesses include a grocery store, smoke shop, and bar
