2305 Van Ness Ave is a 5,565 SF Class C office building constructed in 1956, offering stabilized cash flow with 100% occupancy by long-term healthcare tenants, including Dr. Bruce Hiura (in place since 2016) and Dr. Henry Oyharcabal. The property features two vacant units (Units A and C), presenting immediate value-add potential in the Van Ness/Chinatown submarket, where average rents of $39/SF remain below the citywide $51/SF benchmark. Ideally positioned with a Walk Score of 100 and Transit Score of 86, the asset benefits from proximity to Polk Street’s vibrant retail and dining corridor, MUNI transit access, and the Financial District just 1.1 miles away. The submarket outperforms with an 11.6% vacancy rate—less than half of San Francisco’s 23.4% citywide average—supported by a decade of no new construction and growing demand from AI/tech firms leveraging nearby high-quality sublease spaces.
This turnkey investment generates $13,685 in monthly in-place income, with below-market rents offering upside as the market stabilizes. The concrete-block construction ensures low maintenance costs, while the 0% vacancy rate contrasts sharply with the 27.2% peer average, positioning the asset for resilience amid San Francisco’s recovering office sector. Ideal for investors seeking a hands-off opportunity, 2305 Van Ness Ave combines immediate cash flow with exposure to tech-driven demand and healthcare tenancy stability, all in a supply-constrained submarket poised for rent growth.