2041 Polk St, San Francisco, CA 94109-2525
- Office buildings
- 4,609 SF
- 0.08 lot acres
Current Use by Public Records
- Russian Hill Chiropractic / Alternative Medicine Practice
- Dale N. Mortenson, DC / Alternative Medicine Practice
- Hong Theresa A DO / Alternative Medicine Practice / Physician
- Dr. Kenneth L. Wong, DDS / Dental Office
- Wei Davie DDS / Dental Office
Property Details for 2041 Polk St
- Year built
- 1964
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Zone code
- POLK
- Property type
- Office buildings
- APN
- 0574 -003
- APU
- 574003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 17, 2025 | $1,500,000 | Polk Nee LLC | Lana N Nguyen Gst Exempt Trust | Grant Deed | $750k · Us Bank NA |
| Dec 17, 2025 | — | Polk Nee LLC | — | Deed · related | $621k · Capital Access Group INC |
| Dec 15, 2023 | — | David Wong | — | Deed · related | $72k · Robert Hillmann |
| Mar 26, 2018 | — | Wong Family Trust | Wong,kenneth L | Quit Claim Deed · related | — |
| Nov 20, 2015 | — | Kenneth L Wong | Wong Frederick Q Trust | Quit Claim Deed · related | — |
| Jan 23, 2014 | — | Nguyen,lana N Trust | Nguyen Family Trust | Quit Claim Deed · related | — |
| Oct 31, 2011 | — | Wong Frederick Q Trust | Wong F Q & L C Trust | Quit Claim Deed · related | — |
| May 18, 2010 | — | Wong Frederick Q & L C Trust | Wong F Q & L C Trust | Quit Claim Deed · related | — |
| May 22, 1997 | — | Wong Trust | Wong,frederick Q & Lani C | Quit Claim Deed · related | — |
| Dec 21, 1994 | — | Nguyen Trust | Nguyen,nguyen T & Lee T | Quit Claim Deed · related | — |
Description
This exceptional San Francisco investment opportunity presents a two-story, 4,609-square-foot office building located at 2041 Polk Street, in the desirable Polk Gulch neighborhood. Built in 1964, the property boasts seven units and sits on a 3,440-square-foot lot. The asking price is $1,900,000, translating to $412.24 per square foot. The land value alone is $434 per square foot. The property is zoned NCD, offering flexibility for various uses. This owner-user investment opportunity presents a pro-forma cap rate of 7.10%. The building's prime location ensures high foot traffic and excellent accessibility, making it an attractive proposition for both investors and owner-occupants. The property's strong financials, combined with its desirable location and versatile zoning, make it a compelling investment opportunity in the heart of San Francisco. The building's 65-A height limit is noted. This is a single building property with a San Francisco County APN of 0574-003 and a 94109 zip code.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,020,000
- 6.5%
- $1,865,000
- 7%
- $1,730,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,220,000
Market price range: $1.22M - $3.29M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,210,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.422
- Latitude
- 37.7956
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
