1745 Market St, Unit 1755 San Francisco, CA 94103-1119
- Apartment buildings
- 46,928 SF
- 0.31 lot acres
Current Use by Public Records
- DR Jacintho M.D. / Doctor
Property Details for 1745 Market St
- Year built
- 1909
- Construction
- WOOD FRAME
- Lot size
- 0.31 lot acres
- Property size
- 46,928 SF
- Zone code
- NCT3
- Property type
- Apartment buildings
- APN
- 3503 -005
- APU
- 3503005
Description
This exceptional mixed-use property at 1745 Market Street in San Francisco, CA 94103, presents a compelling investment opportunity. The 57,448 square foot building boasts a prime corner location, situated within walking distance of Hayes Valley, the Lower Haight, Civic Center, and the Mission District, offering convenient access to upscale boutiques, renowned restaurants, and world-class cultural attractions including Opera Plaza, Davies Symphony Hall, The Warfield, and the Asian Art Museum. Superior commuting options are readily available via the Central Freeway, Muni, BART, and CalTrain. The building comprises 56 units: 48 residential (including 10 SROs, 13 studios, 22 one-bedrooms, and 3 two-bedrooms) and 8 commercial spaces totaling approximately 11,000 square feet. Recently renovated residential units feature modern upgrades such as laminate flooring and state-of-the-art kitchen appliances. Additional income streams are generated from two billboards and a cell antenna. Significant capital improvements have been completed, including seismic upgrades, exterior painting, common area renovations, a new entry gate/intercom system, security cameras, and an on-site laundry facility. The property sits on a 13,422 square foot lot and was built in 1909. The asking price is $16,000,000, representing a current cap rate of 7.78% and a pro-forma cap rate of 6.80%, with a current NOI of $901,557 and a pro-forma NOI of $1,284,478. A down payment of $9,450,000 is required. The current GRM is 12.09, and the pro-forma GRM is 9.64. This well-located, significantly renovated asset offers substantial income potential with upside as market demand recovers.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,165,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.423
- Latitude
- 37.7719
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
