220 Linden Ave South San Francisco, CA 94080-3712
- Hotels
- 19,800 SF
- 0.16 lot acres
Current Use by Public Records
- Metropolitan Hotel / Hotel
- M Teixeira Soapstone / Masonry Contractor
- Airgas Store / Welding Gas Supplier / Welding Supply Store
- New A & A Top And Trim / Upholstery Shop
- Charly's Towing and Body Shop / Towing Service
Property Details for 220 Linden Ave
- Year built
- 1912
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 19,800 SF
- Property type
- Hotels
- APN
- 012-316-010
- APU
- 12316010
Description
This exceptional investment opportunity presents the chance to acquire the Metropolitan Hotel, a three-story, 19,800 square foot mixed-use building situated in the heart of South San Francisco, California. Priced at $7,950,000, this property boasts a compelling pro-forma cap rate of 8.30% and a pro-forma NOI of $660,000. The building, constructed in 1912, sits on a 7,280 square foot lot and comprises 69 units: 68 single-room occupancy (SRO) units and one three-bedroom unit. Adding to its versatility, the property includes ground-level retail space currently occupied by two commercial tenants. The sale includes fee simple ownership, allowing the buyer complete control over operations and management. This presents a unique opportunity to capitalize on below-market rents in a rapidly evolving and highly desirable area of South San Francisco, a key location within one of the world's most competitive commercial real estate markets. The property's address is 220 Linden Ave, South San Francisco, CA 94080. The price per square foot is $401.52.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,755,000
- 6.5%
- $3,140,000
- 7%
- $3,240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,090,000
- Geo Method
- $3,655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,420,000
- Retail
- $2,970,000
- Mixed-Use
- $3,635,000
- Hospitality
- $3,190,000
- Educational
- $2,995,000
- Residential Income
- $3,670,000
- Energy
- $2,845,000
- Income-Based Land
- $3,620,000
- Food Service
- $3,805,000
Location Insight
- Map
- Local Demand
- City
- South San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.41
- Latitude
- 37.6548
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
