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Property profile & analytics
FOR SALE
Retail space
34 Mason St San Francisco, CA 94102
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5782218
For Sale
$4,500,000
34 Mason St, San Francisco, CA 94102
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1907
Construction
TILT-UP CONCRETE
Total area
12,375 SF
Lot
0.08 ac (3,371 SF)
Zoning code
C3G
APN
0341 -007
UPID
US09-5782218
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.07M
Owner & transaction history
Venice Beach Townhome LLC · 11 yrs held
Venice Beach Townhome LLC
since 2014
7 recorded transactions
Zoning & alternative use
C3G · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.7M
+6.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,310,000
Current use
OFFICE BUILDING
$6,710,000
Change: +6% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,295,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$328 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$87,857
Tax year 2024
Assessed value
$7,152,180
Assessed 2024
Previous assessed
$7,152,180
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$5,006,528
Assessed improvement
$2,145,652
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1907
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
2
Rooms
22
Bathrooms
6
Total area
12,375 SF
Lot
0.08 ac (3,371 SF)
Zoning code
C3G
APN
0341 -007
UPID
US09-5782218
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3G · San Francisco, CA
Zoning C3G · permitted uses
C3G · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.3M
OFFICE BUILDING
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1907
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
2
Rooms
22
Bathrooms
6
Lot
0.08 ac
Current owner
From public records · entity-resolved
Venice Beach Townhome LLC
Entity
Mailing address
625 MARKET ST STE #800, SAN FRANCISCO, CA 94105-3310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2014
$6,070,000
Venice Beach Townhome LLC
360 Ventures III LLC
Grant Deed
—
Oct 18, 2012
$3,225,000
360 Ventures III LLC
Redwood Mtg Invtrs Viii
Grant Deed
$1,750,000 · Bank Of San Francisco
Oct 19, 2010
—
Mtg Invtrs Viii Redwood
—
Deed Of Trust
related
$50,585,000 · Union Bank
Dec 29, 2006
$2,800,000
34 Mason Street Partners
Mjb LLC
Grant Deed
$2,750,000 · Redwood Mtg Investors Viii
Mar 8, 2002
—
Sjj LLC
Smith,shauna M
Grant Deed
$250,000 · Sequoia National Bank
Nov 26, 2001
$145,000
Sharuna M Smith
R & S Associates LLC
Grant Deed
—
Jul 31, 2001
—
Michael J Bovo
Bovo,renee
Quit Claim Deed
related
—
Mar 23, 2001
$1,500,000
Michael J Bovo
Kepner,stuart O
Grant Deed
$1,200,000 · Stuart O
—
—
Mjb LLC
—
Deed Of Trust
related
$90,381 · Michael J Bovo & Assocs INC
—
—
Mjb LLC
—
Deed Of Trust
related
$355,353 · John Smith
—
—
Mjb LLC
—
Deed Of Trust
related
$350,000 · G A Calegari
—
—
Mjb LLC
—
Deed Of Trust
related
$844,875 · Michael J Bovo
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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