San Francisco Chinatown Investment
818 Jackson Street, San Francisco, CA 94133
Fully leased medical office building in San Francisco's Chinatown.
Property size:
5,728 SFPrice / SF:
$279/SF- Added:
- Jul 19, 2025
- Days on Market:
- 302
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 818 Jackson Street
General Information
- Standard status
- Active
- Size
- 5,728 SF
Building Details
- Year Built
- 1938
Listing agent NING H HO
Listing office MARCUS & MILLICHAP
Listing date Jul 19, 2025
Source Corcoran
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
HighLights
- Fully leased, income‑generating asset.
- Prime location in the heart of San Francisco's Chinatown.
- High foot traffic area near Financial District and North Beach.
- Six medical office suites.
- Zoned Chinatown Residential Neighborhood Commercial (CRNC).
- Well‑maintained, three‑story building spanning approximately 5,728 square feet.
Overview
Located in the heart of San Francisco's Chinatown, 818 Jackson Street is a well-maintained, three-story building spanning approximately 5,728 square feet on a 1,890-square-foot lot. The property consists of six medical office suites, all currently leased to established tenants. Situated blocks from the Financial District, North Beach, and major public transit lines, the property benefits from heavy daily foot traffic and is surrounded by restaurants, retail shops, and local businesses. The property is zoned Chinatown Residential Neighborhood Commercial (CRNC), and its Assessor's Parcel Number (APN) is 0179-010A. This central location offers excellent visibility and steady demand from both tenants and visitors. This property presents an opportunity for investors to acquire a fully leased, income-generating asset in one of San Francisco's active and culturally rich neighborhoods.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.57M
NOI $141,140 @ 9.00% cap · cautious / downside scenario
Moderate
$2.02M
NOI $141,140 @ 7.00% cap · market / base-case scenario
Aggressive
$2.82M
NOI $141,140 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.3k | $44.04 |
| − Vacancy | −$64.1k | −$11.19 |
| EGI | $188.2k | $32.85 |
| − OpEx | −$47.0k | −$8.21 |
| NOI | $141.1k | $24.64 |
5,728 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.02M
$1.76M – $2.35M
NOI $141,140 @ 7.0% cap · market cap 8.82%
Second Best
Healthcare Medical
$1.56M
$1.36M – $1.81M
NOI $108,878 @ 7.0% cap · market cap 6.80%
Theoretical Best
Specialty Retail
$27.98M
$24.48M – $32.64M
NOI $1,958,525 @ 7.0% cap · market cap 122.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Wong & Bronstein Physical
Physician
Chew Rodney C ...
Dental Office
Qingquan Fu
Medical Clinic
Mak And Fong Mds
Physician
Lin Peter Y ...
Physician
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Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.409
- Latitude
- 37.7959
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Fully leased medical office building in San Francisco's Chinatown.
Where is this medical office space located?
The property is located at 818 Jackson Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Fully leased, income‑generating asset.; Prime location in the heart of San Francisco's Chinatown.; High foot traffic area near Financial District and North Beach.
