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Property profile & analytics
FOR SALE
Office Spaces

1628 Union St San Francisco, CA 94123

2,139 SF Built 1900
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-5743327
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1900
Total area 2,139 SF
Zoning code UNION
APN 0528 -025
UPID US09-5743327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$925k
CAP Approach CAP
$865k
Comparable Approach Comparable
$910k
Blend (final) Blend
$915k
Owner & transaction history
L & Y Realty INC · 4 yrs held
L & Y Realty INC
since 2021
Last sale
$919,000
5 recorded transactions
2021
$919,000
2010
$900,000
2008
Price N/A
2003
$325,000
2001
Price N/A
Zoning & alternative use
UNION · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.4M +37.0%
Retail stores $1.1M +6.4%
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More about this property
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