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376 Ellis Street 376 Ellis St

33 Unit Apartment Building $9,499,000 ($287,848/Unit) 5.40% Cap Rate San Francisco, CA 94102

Investment Highlights

  • Stabilized, Fully Renovated Building.
  • Retail and Office Build out/ Upgrades Fall 2024.
  • Retail (SF Non profit), 3-years term remaining
  • Blocks from Union Square.
  • Little to no deferred maintenance
  • 100% Occupancy.

Executive Summary

Located in the heart of San Francisco's dynamic Tenderloin neighborhood, 376 Ellis Street offers an unparalleled opportunity to be part of the city's ongoing transformation. Just steps from the bustling Union Square, this property enjoys prime access to San Francisco's top retail, dining, and cultural attractions, while benefiting from excellent public transportation links. With its central location in a neighborhood poised for revitalization, this property is ideal for innovative mixed-use development, boutique hospitality, or community-oriented commercial ventures. Embrace the potential for long-term growth in a vibrant, historically rich area that is attracting both local and international attention.

Data Room Click Here to Access

Property Facts

Price $9,499,000
Price Per Unit $287,848
Sale Type Investment
Cap Rate 5.40%
Sale Conditions Ground Lease (Leasehold)
Gross Rent Multiplier 12.57
No. Units 33
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Mid Rise
Building Class B
Lot Size 0.08 AC
Building Size 20,187 SF
Average Occupancy 100%
No. Stories 5
Year Built/Renovated 1911/2024

Unit Amenities

  • Heating
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Wi-Fi

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Property Manager on Site
  • Security System
  • Gated
  • Video Patrol
  • Wheelchair Accessible
  • On-Site Retail
  • Trash Pickup - Curbside
  • Vintage Building
  • Community-Wide WiFi
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 32 - -
1+1 1 - -
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (91)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0324-010
Land Assessment
$3,244,764
Improvements Assessment
$1,747,179
Total Assessment
$4,991,943

zoning

Zoning Code RC-4, San Francisco
RC-4, San Francisco
  • Listing ID: 33156645

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 376 Ellis St, San Francisco, CA 94102

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