Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    3355 Msn St San Francisco, CA 94110-5017

    • Residential income homes
    • 5,100 SF
    • 0.04 lot acres
    OFF-MARKET
    Last Sale
    Mar 18, 2024
    $2,250,000
    Value Estimations
    $2,290,000
    Show details
    Cap Rate Potential
    7%
    Residential income homes
    Location Intelligence
    Property ID
    US09-5774398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chicano Nuevo / Mexican Restaurant

    Property Details for 3355 Msn St

    Year built
    1916
    Construction
    WOOD
    Lot size
    0.04 lot acres
    Property size
    5,100 SF
    Zone code
    NC3
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    5642 -050
    APU
    5642050

    Description

    This exceptional investment opportunity presents a fully occupied, mixed-use property located at 3355 Mission Street, San Francisco, CA 94110. The property boasts 15 recently renovated single-room occupancy (SRO) units, a retail storefront currently under development as a restaurant/bar, and an unwarranted studio. All residential units feature updated vinyl plank flooring and bathrooms with floor-to-ceiling tile. A significant soft-story seismic retrofit has been completed, ensuring structural integrity. The property enjoys a prime location in the heart of the Lower Mission commercial corridor, a vibrant area with a Walk Score of 97. Nearby amenities include a Safeway, numerous restaurants, and entertainment options. Public transportation is readily accessible, with Muni lines (14, 24, and 49) within a block and BART 0.7 miles away. The asking price is $2,025,000, reflecting a 6.36% cap rate and a NOI of $155,805. A Type 47 liquor license is also available for purchase, adding significant potential value. This turnkey operation offers immediate cash flow and substantial upside potential in a highly desirable San Francisco location. The property's strong occupancy rate of 100% underscores its consistent performance and attractive tenant base. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use asset in a thriving San Francisco neighborhood.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,250,000
      ML approach
      $2,250,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,630,000
      6.5%
      $2,425,000
      7%
      $2,255,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,560,000
      Market price range: $712k - $2.56M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.421
    Latitude
    37.7429
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $31,358
    $1,464,466
    $976,310
    $2,440,776
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $450,000
      5,816 SF

      2040 Msn St, Unit 2042

      BOARDING/ROOMING HOUSE • 5,816 SF
      2040 Msn St, San Francisco, CA 94110-1218
      View Details
    • Value Estimation
      $395,000
      0.09 Acres

      2284 Msn St, Unit 2290

      BOARDING/ROOMING HOUSE • 0.09 Acres
      2284 Msn St, San Francisco, CA 94110-1812
      View Details
    • Value Estimation
      $260,000
      7,285 SF

      3560 20th St, Unit 3566

      BOARDING/ROOMING HOUSE • 7,285 SF
      3560 20th St, San Francisco, CA 94110-2419
      View Details
    • Value Estimation
      $625,000
      31,500 SF

      2011 Folsom St, Unit 2015

      BOARDING/ROOMING HOUSE • 31,500 SF
      2011 Folsom St, San Francisco, CA 94110-1317
      View Details
    • Value Estimation
      $525,000
      15,270 SF

      2884 Msn St, Unit 2890

      BOARDING/ROOMING HOUSE • 15,270 SF
      2884 Msn St, San Francisco, CA 94110-3908
      View Details
    • Value Estimation
      $445,000
      5,030 SF

      2044 Msn St, Unit 2046

      BOARDING/ROOMING HOUSE • 5,030 SF
      2044 Msn St, San Francisco, CA 94110-1218
      View Details

    Similar Nearby for Sale

    • $3,500,000
      12,276 SF

      Mission District Mixed-Use Investment

      Mixed-use property in San Francisco's vibrant Mission District.
      2673 Mission St, San Francisco, CA 94110
      View Details
    • $3,147,000
      4,617 SF

      Renovated Fourplex in Mission District

      Turn-key four-unit building in San Francisco's vibrant Mission District.
      3000-3006 26Th St, San Francisco, CA 94110
      View Details
    • $1,749,000
      2,880 SF

      San Francisco Multifamily Investment Opportunity

      Two-story building near 24th & Valencia Streets with units and parking.
      1294 Guerrero St, San Francisco, CA 94110
      View Details
    • $1,800,000
      3,140 SF

      San Francisco Multifamily Near Dolores Park

      Multifamily property near Dolores Park with strong cash flow potential.
      3451 22Nd St, San Francisco, CA 94110
      View Details
    • $1,875,000
      11,956 SF

      Mission District Development Opportunity

      9-Unit Condo & Commercial Building, San Francisco
      2976 Mission St, San Francisco, CA 94110
      View Details
    • $1,499,000
      3,658 SF

      Renovated Mixed-Use Building For Sale

      Fully renovated mixed-use building with stabilized income in San Francisco.
      3119 24Th St, San Francisco, CA 94110
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,434 SF

      Valencia Street Retail Space

      Prime San Francisco Retail Opportunity
      1108 Valencia St, San Francisco, CA 94110
      View Details
    • Contact for pricing
      3,696 SF

      Valencia Street Retail Spaces

      Prime Mission District Retail Opportunity
      886 Valencia St, San Francisco, CA 94110
      View Details
    • Contact for pricing
      2,109 SF

      Valencia Street Retail Space

      Prime retail space in San Francisco's vibrant Mission District.
      884-898 Valencia St, San Francisco, CA 94110
      View Details
    • $2 SF/Yr
      7,210 SF

      Full Floor Office Suite ForRent

      Full floor office suite with city views available for rent.
      2601 Mission St, San Francisco, CA 94110
      View Details
    • Contact for pricing
      1,213 SF

      Retail Space on Mission Street

      Retail space available for lease in San Francisco.
      3310 Mission St, San Francisco, CA 94110
      View Details
    • $4 SF/Yr
      1,800 SF

      Valencia Street Retail Space Available

      Improved retail space in San Francisco's Mission District.
      981 Valencia St, San Francisco, CA 94110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3355 Msn St
    San Francisco, CA 94110-5017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.