1388 California St San Francisco, CA 94109
1388-1398 California Street is a fully occupied commercial property positioned at the prominent corner of California and Hyde in the heart of Nob Hill. The property is home to five commercial tenants, anchored by the Cable Car Hotela 70-room operation with 19 tourist hotel rooms and 51 SRO rooms currently on a master lease. Additional tenants include a bar, a cannabis dispensary, a florist, and painter. The florist and paint studio operate month-to-month. This offering provides investors with a stable, income-producing asset with notable upside, particularly for hotel operators. Its high-visibility location and strong neighborhood presence position it well to benefit from San Francisco's continued economic recovery. Incredible value at only $256 per square foot!
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Cable Car Hotel Hotel & Motel
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Hotel SF Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.