Two-Unit Office
950 Stockton Street #406-7, San Francisco, CA 94108
For Sale
$500,000
Both suites have private bathrooms and can be acquired together or separately.
Property Size1,845 SF
Price / SF$271
Days on Market162
Property Features for 950 Stockton Street #406-7
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Condition
Office Units
Property Use
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Andersen, Jung & Co.
(415) 397-1966
Listed By:
Monica H Chung · License #01079185
(415) 699-0843
Source:
Ayalarealty
Added: Jun 1
Changed: Nov 3
Last Checked: Nov 8 at 4:45AM
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 Andersen, Jung & Co.
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Investment Insights
Based on property information with market context.
Two adjoining office condominium units at Mandarin Towers are available separately or as a combined 1,845-square-foot property. Each unit has a private en-suite bathroom. Unit 406 features a large open area and two smaller offices; Unit 407 includes a large open area, a smaller open area and three smaller offices.
The property is at 950 Stockton Street in San Francisco’s Chinatown, directly across from the Chinatown Metro station. Union Square, the Financial District, North Beach and Nob Hill are also noted as nearby destinations.
The property is at 950 Stockton Street in San Francisco’s Chinatown, directly across from the Chinatown Metro station. Union Square, the Financial District, North Beach and Nob Hill are also noted as nearby destinations.
Key Highlights
- Two adjacent office condominium units totaling 1,845 square feet
- Private en‑suite bathroom in each unit
- Unit 406 has a large open area and 2 smaller offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,462
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,240
$909.2K
Cap Rate 7%
$649,457
$649.5K
Cap Rate 9%
$505,133
$505.1K
Market Conditions
NOI Build-Up for 1,845 SF
Gross rent
$81.3K $44.04/SF
− Vacancy
−$20.6K −$11.19/SF
EGI
$60.6K $32.85/SF
− OpEx
−$15.2K −$8.21/SF
NOI
$45.5K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$909,240
Cap Rate 7%
$649,457
Cap Rate 9%
$505,133
Alternative Uses
Best Use
Office B
$649.5K
$568.3K – $757.7K
NOI $45,462 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$936.7K
$819.6K – $1.09M
NOI $65,570 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
29,705
Businesses Nearby
Explore this area
Business Placement
Demographics for 94108, CA
13,097
Population
7,730
Households
1.7
Avg Household Size
42
Median Age
45%
College-Educated
76%
High-School Grad
0.3 sq mi
ZIP Area
43,657
Density / Sq Mi
$63,864
Median Household Income
$53,617
Median Earnings
$1,562
Median Rent
$1,207,500
Median Home Value
Market
Average Price Trend$/SF for Office Units in San Francisco, CA
Properties on Market for Office Units in San Francisco
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Office unit - Both suites have private bathrooms and can be acquired together or separately.
Where is this office unit located?
The property is located at 950 Stockton Street #406-7 San Francisco, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two adjacent office condominium units totaling 1,845 square feet; Private en‑suite bathroom in each unit; Unit 406 has a large open area and 2 smaller offices
