691 Broadway San Francisco, CA 94133
- Mixed-use properties
- 11,100 SF
Current Use by Public Records
- Starbucks / Coffee Shop
Property Details for 691 Broadway
- Property size
- 11,100 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a three-story, 11,100-square-foot mixed-use building located at 691 Broadway in San Francisco, CA 94133. The property boasts a strong 7.27% capitalization rate and a Net Operating Income (NOI) of $276,148. Currently operating at 100% occupancy, the building comprises 37 units, including 33 single-room occupancy (SRO) units spread across two floors and four fully leased commercial units. The building is zoned CCB and features a recent, city-mandated fire-panel upgrade, ensuring compliance and minimizing future capital expenditures. The property has been under the same ownership for 25 years, demonstrating its stability and consistent income generation. The asking price is $3,800,000, with leases expiring on October 31, 2027. This well-maintained asset offers a rare chance to acquire a profitable property in a desirable San Francisco neighborhood, providing both historical charm and significant modern investment potential. There are no outstanding city requirements or restrictions. The property's strong performance and prime location make it an attractive investment for discerning buyers. The APN is 0161-029.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- SF
- State
- California
- Longitude
- -122.409
- Latitude
- 37.7976
