515 Ofarrell ST, San Francisco, CA 94102
515 Ofarrell ST, San Francisco, CA 94102
515 Ofarrell ST, San Francisco, CA 94102
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000
Listed by Aida Molina-Polle • The Agency
$7,000,000
Est. payment /mo
25,896 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Highrise (7+ Flrs)

Listing Status Active

Purchase Type For Sale

Square Footage 25,896 sqft

Price per Sqft $270

Subdivision Civic Center

MLS Listing ID 41128295

HOA Y/N No

Year Built 1926

Lot Size 4,534 Sqft

Property Sub-Type Highrise (7+ Flrs)

Source Bridge AOR

Property Description

Significant Price Reduction! First time on the market in 49 years, this 46-unit mixed-use flagship trophy asset offers an outstanding investment opportunity in San Francisco's core corridor. Delivering an 8.37% actual in-place cap rate, the property is offered at approximately $152,174 per unit and $270 per square foot, well below estimated replacement cost. The 100% occupied asset consists of 45 studio apartments, one ground-floor commercial space, and seven garage spaces. The high-rise fire sprinkler upgrade is approximately 90% complete, with the balance to be completed prior to close of escrow. Additional value includes approximately $190,000 in annual rental upside, $46,947 in documented banked rent increases, Fannie Mae and Freddie Mac approved, no mandatory soft-story retrofit, located within a Federal New Markets Tax Credit (NMTC) Census Tract. Ideally situated near Union Square, Powell BART/MUNI, and major hotels. Offering Memorandum available upon request.

Location

State CA

County San Francisco

Interior

Heating Wall Furnace

Cooling None

Flooring Concrete, Vinyl

Fireplace No

Building

Lot Description Other

Water Public, Meter on Site

Others

Special Listing Condition Standard

Read Less Info
Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Keller Williams Walnut Creek

Keller Williams Walnut Creek

+1(100) 000-0000

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams Walnut Creek, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

515 Ofarrell ST