1628 Union St, San Francisco, CA 94123
- Office Spaces
- 2,139 SF
Current Use by Public Records
- LIKEWOOD GEORGINA / Financial Advisor
- Clinical Skin Care by Olga Lovett / Medical Clinic / Skin Care Clinic
- Captulina Skincare / Medical Clinic / Skin Care Clinic
- Kareltsa Industrial SA de CV / Marketing & Advertising / (Bike/Boat/Book/etc) Store
Property Details for 1628 Union St
- Year built
- 1900
- Zone code
- UNION
- Property type
- Office Spaces
- APN
- 0528 -025
- APU
- 528025
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 5, 2021 | $919,000 | L & Y Realty INC | Union Hill LLC | Grant Deed | — |
| Jan 15, 2010 | $900,000 | Union Hill LLC | Taylor,emily | Grant Deed | — |
| Dec 30, 2008 | — | Emily Taylor | Taylor Emily 1999 Trust | Quit Claim Deed · related | — |
| Jun 5, 2003 | $325,000 | Taylor,tr | Waldman,tr | Grant Deed | $380k · United Commercial Bank |
| Feb 28, 2001 | — | Waldman Trust | Waldman,dan & Regina | Quit Claim Deed · related | $650k · City National Bank |
Description
This exceptional 2,139 square foot commercial condominium, located at 1628 Union Street in San Francisco's desirable Cow Hollow neighborhood (zip code 94123), presents a unique investment opportunity. The property, built in 1900, is a second-floor unit within a four-level Victorian building and features nine offices, two restrooms, and a kitchenette. It also offers access to a shared patio area. The asking price is $1,100,000, translating to $514.26 per square foot. Currently vacant, this mixed-use space is zoned NCD - Union Street Neighborhood Commercial, offering flexibility for various office uses, including executive, medical, or traditional office setups. The property sits on a 2,139 square foot lot (APN 0528-025) and is offered as a gross lease. Its prime location on Union Street provides easy access to public transportation, bridges, and a wealth of amenities, including popular restaurants, high-end retail, and various lifestyle services. The surrounding area boasts superior demographics, with an average individual income of $132,709 and a median age of 34. This presents an excellent opportunity for owner-occupancy or investment, with SBA financing potentially available. The property is currently 33% occupied.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $910,000
- ML approach
- $925,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $935,000
- 6.5%
- $865,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $910,000
Market price range: $206k - $910k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,025,000 Current use
- COMMERCIAL (GENERAL)
- $1,405,000 Change: +37% Conversion: Easy
- RETAIL STORES
- $1,090,000 Change: +6% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.426
- Latitude
- 37.7986
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
