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311 11Th Ave San Francisco, CA 94118

Sponsored
For Sale
$4,500,000

16-unit building, 9,950 sq ft, 6.37% cap rate.

Property size:
9,950 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional mixed-use investment property, located at 311 11th Avenue in San Francisco's vibrant Richmond District (zip code 94118), presents a rare opportunity. The fully renovated building boasts a total of 9,950 square feet situated on a 5,248 square foot lot (APN 1443). The property is zoned NCD – Inner Clement Commercial District and comprises a ground floor commercial storefront and a 2-story apartment building with 16 units, currently operating at 100% occupancy. The building features 15 single-room occupancy (SRO) units, in addition to the commercial space. The asking price is $4,500,000, representing a compelling 6.37% capitalization rate. The property benefits from over $1,000,000 in recent capital improvements. With a triple-net (NNN) lease structure and a current vacancy rate of 0%, this investment offers significant potential for future rental income growth, with an estimated 22% upside in rents. This is a turnkey operation in a highly desirable location, making it an ideal addition to any investment portfolio. The property's strong performance and upside potential make it a truly unique opportunity in the competitive San Francisco market.

Property Features for 311 11Th Ave

General Information

Property type
Individual retail properties
Square Feet
9,950 SF

Building Details

Stories
2
Units
16

HighLights

  • Mixed‑use investment property with 15 SRO units and ground‑floor commercial space.
  • Exceptional investment opportunity in San Francisco's Richmond District (94118).
  • Fully renovated with over $1,000,000 in recent capital improvements.
  • Asking price: $4,500,000, offering a 6.37% capitalization rate.
  • Significant rental upside potential of approximately 22%.
Property Profile Location Intelligence

Current Use by Public Records

Courtney Hall Web ... Website Designer StartupWebmaster.com Website Designer

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Francisco
County
San Francisco
State
California
Longitude
-122.4699261
Latitude
37.7823063

FAQs

What type of property is this?
Individual retail property - 16-unit building, 9,950 sq ft, 6.37% cap rate.
Where is this individual retail property located?
The property is located at 311 11Th Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Mixed-use investment property with 15 SRO units and ground-floor commercial space.; Exceptional investment opportunity in San Francisco's Richmond District (94118).; Fully renovated with over $1,000,000 in recent capital improvements.
More about this property
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