449 & 451 9th St - Apartments FOR SALE


San Francisco, CA 94103- Mission Bay
$2,688,000 USD
650-761-7623
449 & 451 9th St, San Francisco, CA for Sale
$2,688,000 USD
Apartments - FOR SALE
1/29
null | 6.36% Cap Rate

449 & 451 9th St
San Francisco, CA 94103
Mission Bay


HIGHLIGHTS

  • Rare mixed-use building in SoMa, featuring a ground-floor retail space and 10 well-maintained 1-bed, 1-bath multifamily units; only $245,000 per unit.
  • Turnkey, income-generating opportunity in a high-demand location with strong rental appeal and tremendous value-add potential.
  • 74% of surrounding population are renters, ensuring a consistent demand for multifamily units in a growing and dynamic neighborhood.
  • Prime location with seamless access to freeways and 15,000+ vehicles passing by daily, offering high visibility and easy tenant/customer access.
  • Just minutes from top tech companies such as Airbnb, Discord, and Adobe, as well as major retailers, including Trader Joe’s, Costco, and Target.
  • Recently renovated units, on-site laundry, remodeled lobby, backyard spaces, and individual storage units add tremendous appeal for long-term tenants.

OVERVIEW

Rare opportunity to own a beautifully maintained and highly trafficked mixed-use Queen Anne-style building in the heart of the South of Market neighborhood, or SoMa. This three-story property features a fully functional ground-floor commercial space with excellent freeway access and unmatched exposure along the 9th Street corridor. Above the commercial unit are 10 well-maintained one-bedroom, one-bathroom multifamily units, each equipped with its own storage unit. Six units have been fully renovated in the past 36 months. With on-site laundry with app-based payments and remodeled backyard spaces, this property is designed for long-term tenant appeal and tremendous value-add potential. Located in one of San Francisco's most dynamic commercial districts, 449-451 9th Street enjoys unparalleled connectivity and accessibility. Positioned near the 101 off-ramps, the property provides seamless access to key thoroughfares, making it a convenient hub for customers and tenants alike. 449-451 9th Street is within a mile of top companies such as Airbnb, Discord, and Adobe, along with retail anchors like Trader Joe’s, Costco, Target, and Bed Bath & Beyond. With over 15,000 vehicles passing by daily and steady pedestrian traffic, the property benefits from high visibility and a built-in customer base. The surrounding trade area encompasses a dense population of over 488,000 residents within 3 miles, boasting an impressive median household income of $131,000 and annual consumer spending of $8.2 billion. Within this population, 74% are renters, driving strong demand for multifamily properties and enhancing the potential for consistent rental income. SoMa is a vibrant, evolving neighborhood where culture, commerce, and innovation collide. Once a commercial warehouse district, it has transformed into a thriving hub of industrial-chic lofts, historic structures, and tech-driven growth. Home to major players such as Uber and Airbnb, SoMa continues to attract a diverse crowd of professionals, artists, and food enthusiasts. Its lively atmosphere and eclectic mix of lifestyle amenities make it a sought-after destination for residents and businesses alike. With strong market demand and an exceptional location, 449-451 9th Street offers immense value-add potential. This turnkey, income-generating building is an opportunity to capitalize on one of San Francisco’s most coveted neighborhoods. Video Tour: https://youtu.be/n9Qc2IMzt64

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

11

PRICE/UNIT

$244,364

CAP RATE

6.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Turnkey Apartments with Retail

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

SLI

APN/PARCEL ID

3757-049

ASK ABOUT THIS PROPERTY

Angelo OrciuoliAOK, LLCMore Info
650-761-7623

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Angelo OrciuoliAOK, LLCMore Info
650-761-7623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.