1122 Sutter StSan Francisco, CA 94109

  • Residential income properties
  • 10,778 SF
For Sale
$2,650,000 View listing

Property Details for 1122 Sutter St

Year built
1910
Construction
TILT-UP CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
10,778 SF
Zone code
POLK
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
0669 -007
APU
669007

Description

This exceptional mixed-use property at 1122-1124 Sutter Street in San Francisco, CA, presents a compelling investment opportunity. The three-story building, constructed in 1910, boasts a total of 10,778 square feet situated on a 5,497 square foot lot (APN 0669-007). The property is comprised of thirteen residential apartment units and two ground-floor commercial spaces, currently configured as a restaurant and storefront. Located in the desirable Lower Nob Hill neighborhood, this property benefits from high foot traffic and excellent visibility on a tree-lined street. The asking price is $2,650,000, representing a price per square foot of $245.87 and a 7.20% cap rate. This owner/user investment presents a rare chance to acquire a well-positioned multifamily and retail asset in a highly sought-after San Francisco location. The property's strong cash flow potential, combined with its prime location and diverse income streams, makes it an attractive proposition for discerning investors. This is a for sale by owner listing. Please do not disturb tenants. The zip code is 94109.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,583,066
    6.5%
    $3,307,445
    7%
    $3,071,199
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,179,916
    Geo Method
    $4,659,442
  • Alternative Use

    Use
    Valuation
    Residential
    $3,307,445
    Hospitality
    $3,029,602
    Educational
    $2,520,593
    Medical
    $2,607,280
    Retail
    $3,920,923
1122 Sutter St, San Francisco, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7882
Longitude
-122.419
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$46,908
$1,785,000
$2,040,000
$3,825,000
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