Property Overview: Discover a rare investment opportunity in the heart of San Francisco's dynamic Tenderloin neighborhood. 225 Ellis Street is a mixed-use Single Room Occupancy (SRO) building offering 16 studio units, shared amenities, and a ground-floor commercial space currently leased to a successful restaurant. With renovations, this property presents an ideal opportunity for investors seeking value-add potential or long-term income stability. The current owner has successfully operated.
Thee residential units as a high-performing Airbnb, demonstrating strong short-term rental demand and excellent revenue potential. This established model provides investors with an immediate income-generating opportunity or the flexibility to explore other leasing strategies.Perfect for: Investors looking to capitalize on the ongoing revitalization of the Tenderloin district and landlords seeking stable cash flow with room for appreciation.
KEY FEATURES:
1.Building Composition:
Ground Floor: Fully leased commercial space occupied by a restaurant, providing a consistent revenue stream.
2nd & 3rd Floors: Residential units comprising 16 SRO studio units. WIth bonus corner unit with private bathroom.
2. Shared Amenities:
Modernized shared kitchen.
Two newly renovated shower rooms.
Three updated bathrooms with upgraded fixtures.
3. Renovations & Upgrades:
New energy-efficient windows, upgraded electrical panel, and rewired for safety.
Fresh flooring, new paint, and modern vanities in each room.
Fully furnished units with a renovated kitchen for a turnkey tenant experience.
Updated bathrooms and toilets for enhanced comfort.
4. Building Highlights:
Location: Centrally located near Union Square, Market Street, and major public transit, offering unparalleled accessibility for residents and patrons alike.
Future Potential: Positioned in a vibrant urban corridor with high demand for affordable housing and thriving small businesses.