Move-In Office Condo
For Sale
$288,000
950 Stockton Street # 407, San Francisco, CA 94108
Move-in condition office condo with a private en-suite bath and multiple private offices.
Property Size1,021 SF
Days on Market136
Property Features for 950 Stockton Street # 407
General Information
Standard status
Active
Size
1,021 SF
Property subtype
Office
Building Details
Building Size
1,021 SF
Year Built
1970
Listing Agency:
Andersen, Jung & Co.
Listed By:
Monica H Chung · License #01079185
(415) 397-1966
Source:
Elevationrealestate
Added: Jun 8
Changed: Oct 10
Last Checked: Oct 21 at 3:08AM
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.
Move-in condition interior office condo suite at Mandarin Towers featuring a private en-suite bath. The layout includes a large open area, a smaller open area, and three smaller offices, providing flexibility for an owner-user or tenant needs.
The property is positioned in the heart of Chinatown, just across from the new Chinatown Metro station, with nearby access to Union Square, FiDi, North Beach, and Nob Hill.
Suite 407 is offered separately, with an adjacent unit (#406) also available for purchase. Both units can be purchased together or separately, depending on space and occupancy plans.
The property is positioned in the heart of Chinatown, just across from the new Chinatown Metro station, with nearby access to Union Square, FiDi, North Beach, and Nob Hill.
Suite 407 is offered separately, with an adjacent unit (#406) also available for purchase. Both units can be purchased together or separately, depending on space and occupancy plans.
Key Highlights
- Move‑in condition office condo in Mandarin Towers (Year built: 1970).
- Interior layout includes a large open area, a smaller open area, and 3 smaller offices.
- Private en‑suite bath included.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,158
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,160
$503.2K
Cap Rate 7%
$359,400
$359.4K
Cap Rate 9%
$279,533
$279.5K
Market Conditions
NOI Build-Up for 1,021 SF
Gross rent
$45.0K $44.04/SF
− Vacancy
−$11.4K −$11.19/SF
EGI
$33.5K $32.85/SF
− OpEx
−$8.4K −$8.21/SF
NOI
$25.2K $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%
$503,160
Cap Rate 7%
$359,400
Cap Rate 9%
$279,533
Alternative Uses
Best Use
Office B
$359.4K
$314.5K – $419.3K
NOI $25,158 @ 7.0% cap · market cap 8.74%
Second Best
Healthcare Medical
$277.2K
$242.6K – $323.5K
NOI $19,407 @ 7.0% cap · market cap 6.74%
Theoretical Best
Specialty Retail
$4.99M
$4.36M – $5.82M
NOI $349,102 @ 7.0% cap · market cap 121.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Office unit - Move-in condition office condo with a private en-suite bath and multiple private offices.
Where is this office unit located?
The property is located at 950 Stockton Street # 407 San Francisco, CA.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: Move‑in condition office condo in Mandarin Towers (Year built: 1970).; Interior layout includes a large open area, a smaller open area, and 3 smaller offices.; Private en‑suite bath included.
