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702-712 Vallejo St

8,259 SF 100% Leased Retail Building San Francisco, CA 94133 £3,375,461 (£409/SF) 7.84% Net Initial Yield

Investment Highlights

  • Great Location in North Beach
  • Lot Size: 4,356 SqFt(Tax Record)
  • Current CAP Rate is 7.84%
  • 40 SRO & 4 Commercial Spaces
  • Building Size: 8,259 SqFt(Tax Record)

Executive Summary

702-712 Vallejo Street is nestled in the heart of San Francisco’s highly sought-after North Beach neighborhood. Known for its rich cultural history and vibrant atmosphere, North Beach is a dynamic hub for dining, entertainment, and art, with some of the city’s best cafes, restaurants, and bars just steps away. The property is within walking distance of iconic landmarks like Coit Tower, Washington Square Park, and the historic City Lights Bookstore. With easy access to the waterfront, Chinatown, and the Financial District, this location offers an exceptional blend of urban living and local charm.
With a total area of 8,259 square feet on a 4,356 square foot lot, this 3-story property comprises 4 commercial units on the ground floor and 40 SRO (Single Room Occupancy) rooms on the upper levels. The property’s APN is 0130-010 and zoning is North – Beach – Neighborhood Commercial (NCD).
The subject property presents an ideal investment opportunity to acquire a large mixed-use building in one of San Francisco’s most desirable neighborhoods, with strong long-term potential.

Property Facts

Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,259 SF
Building Class
C
Year Built
1900
Price
£3,375,461
Price Per SF
£409
Net Initial Yield
7.84%
NOI
£264,636
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.90
Land Acres
0.10 AC
Zoning
NCD - North – Beach – Neighborhood Commercial
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (93)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

HSBC
First Republic Bank
Citi
Chase Bank
Chinatrust Bank Usa
Blue Bottle Coffee
East West Bank
U.S. Bank
Bank of America
Bank of Montreal

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0130-010
  • 0130-009
Land Assessment
£4,499,763
Improvements Assessment
£3,122,163
Total Assessment
£7,621,926
  • Listing ID: 33899840

  • Date on Market: 16/11/2024

  • Last Updated:

  • Address: 702-712 Vallejo St, San Francisco, CA 94133

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