Move-In Office Condo
950 Stockton Street Unit 406 San Francisco, CA 94108
950 Stockton Street Unit 406, San Francisco, CA, 94108
$248,000
For Sale
$248,000
Interior office condo with a large open area and two private offices, including a private en-suite bath.
Property Size824 SF
Price / SF$300.97
Days on Market56
Property Features for 950 Stockton Street Unit 406
General Information
- Standard status
- Active
- Size
- 824 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing agency
Andersen, Jung & Co.
(415) 699-0843
Listed by
Monica Chung · License #01079185
(415) 699-0843
Source
Xome
Added: May 28 Updated: Jul 21 at 3:36AM Checked: Jul 22 at 3:38AM
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.
Investment Insights
Based on property information with market context.
Move-in condition interior office condo at Mandarin Towers. Suite includes a large open area plus two smaller offices, and features a private en-suite bath. The unit is configured as an office condo, with Unit 406 offered for sale.
An adjacent office condo (Unit 407) is also available, and both units may be purchased together at a significant discount or separately.
Located in the heart of Chinatown, the property is positioned across from the new Chinatown Metro station. It is also described as just minutes from Union Square, FiDi, North Beach, and Nob Hill. The space is presented as suitable for professional and medical office uses, including med spa use, with the buyer to verify suitability.
An adjacent office condo (Unit 407) is also available, and both units may be purchased together at a significant discount or separately.
Located in the heart of Chinatown, the property is positioned across from the new Chinatown Metro station. It is also described as just minutes from Union Square, FiDi, North Beach, and Nob Hill. The space is presented as suitable for professional and medical office uses, including med spa use, with the buyer to verify suitability.
Key Highlights
- Move‑in condition interior office condo at Mandarin Towers
- Layout includes a large open area plus 2 smaller private offices
- Private en‑suite bath in the unit
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.3k | $44.04 |
| − Vacancy | −$9.2k | −$11.19 |
| EGI | $27.1k | $32.85 |
| − OpEx | −$6.8k | −$8.21 |
| NOI | $20.3k | $24.64 |
824 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$290.1K
$253.8K – $338.4K
NOI $20,304 @ 7.0% cap · market cap 8.19%
Second Best
Healthcare Medical
$223.8K
$195.8K – $261.1K
NOI $15,663 @ 7.0% cap · market cap 6.32%
Theoretical Best
Specialty Retail
$4.02M
$3.52M – $4.70M
NOI $281,743 @ 7.0% cap · market cap 113.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lew Raymond DC
Alternative Medicine Practice
Dr. Roger R. ...
Physician
Patient Service Center
Blood Testing Service
Jianghui Zhang
Physician
Pun K K ...
Physician
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FAQs
What type of property is this?
Office units - Interior office condo with a large open area and two private offices, including a private en-suite bath.
Where is this office units located?
The property is located at 950 Stockton Street Unit 406 San Francisco, CA.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: Move‑in condition interior office condo at Mandarin Towers; Layout includes a large open area plus 2 smaller private offices; Private en‑suite bath in the unit
