209 9Th St, San Francisco, CA 94103
- Investment properties
- 18,000 SF
- 0.09 lot acres
Current Use by Public Records
- Youth Leadership Institute / Child Welfare Organization / Charitable Organization
Property Details for 209 9Th St
- Year built
- 1924
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.09 lot acres
- Zone code
- SLR
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 3729 -081
- APU
- 3729081
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 12, 2025 | — | 209 9th Street Owner LLC | 209 9th Street LLC | Deed · related | — |
| Nov 16, 2021 | — | 209 9th Street LLC | — | Deed · related | $7.3M · Kairos Credit Strategies Operating Partn |
| May 3, 2019 | $8,000,000 | Tenir LLC | Ridgegate Apartments INC | Grant Deed | — |
| Jul 18, 2006 | $2,245,000 | Ridgegate Apartments INC | Heydayian Of Nouri 2005 Trust | Grant Deed | — |
| Nov 1, 2005 | — | Heydayian Of Nouri 2005 Trust | Heydayian,nader | Quit Claim Deed · related | — |
| Jan 12, 1998 | $725,000 | Nader Heydayian | Hau,isaac C | Grant Deed | $363k · Wells Fargo Bank |
| Jun 21, 1996 | $580,000 | Isaac C Hau | Lam,raymond & Celin | Grant Deed | $522k · Bank Of Commerce |
| — | — | Isaac Hau | — | Deed Of Trust · related | $522k · Bank Of Commerce |
| — | — | Raymond Lam | — | Deed Of Trust · related | $1M · Security Pacific Asian Bank |
| — | — | Nader Heydayian | — | Deed Of Trust · related | $1.2M · East West Bank |
| — | — | R Lam | — | Deed Of Trust · related | $1.4M · Bank Of Trade |
| — | — | Lam R. | — | Deed Of Trust · related | $1M · Security Pacific National Bank |
| — | — | R.&c. Lam | — | Deed Of Trust · related | $600k · International Bank |
Description
This exceptional offering presents three unique commercial condos nestled in the vibrant heart of San Francisco's SOMA district. The property, located at 209 9th Street, comprises a mixed-use building with a total of three units spread across three floors. The ground floor unit, approximately 3,000 square feet, is ideally suited for retail or office use and is priced at $1.5 million. The second and third floors each offer a full floor of office space, accessible via a recently installed ADA-compliant elevator. The second-floor condo, priced at $2.5 million, features an open office area, two private offices, a conference room, and a kitchen. The third-floor condo, also priced at $2.6 million, boasts a newly remodeled open-plan layout perfect for a creative office environment. Recent renovations include new flooring, lighting, and a modern kitchen and bathrooms. This floor also offers high ceilings, abundant natural light, and sweeping views of West SOMA and the Sutro Tower. Two additional conference rooms are also included on this floor. The building's location provides easy access to BART and numerous restaurants and amenities. SBA financing is currently approved, allowing for purchases with as little as 10% down. The total price for all three units is $6.6 million. This presents a compelling opportunity for owner-occupiers seeking a prime location and versatile space in a thriving San Francisco neighborhood. The square footage of the second and third floor units is not specified, but the total square footage for all three units ranges from 3,000 to 4,362 square feet.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,695,000
- 6.5%
- $6,180,000
- 7%
- $5,740,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,149,000
- AI Estimate
- $2,934,000
Market price range: $2.95M - $7.52MMarket price range: $1.19M - $5.01M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,390,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $6,895,000 Change: +28% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $5,425,000 Change: +1% Conversion: Moderate
- OFFICE BUILDING
- $4,625,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.413
- Latitude
- 37.775
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
