Home | San Francisco County | San Francisco | 94102 | 515 Ofarrell St
MLS: EB41128295 | Status: | Price: $7,000,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 25,896 | 4,534 | 1926 |
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.
| Field | Value |
|---|---|
| MLS # | EB41128295 |
| MLS Source | Bridge MLS |
| Days on Site | 136 |
| Feature | Details |
|---|---|
| Flooring | Concrete, Vinyl |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: Car(s) |
| Zoning | RC4 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Aida Molina-Polle | Hector Rosas |
| The Agency | |
| License #: 01423725 | License #: 01846925 |
| Phone: (510) 871-0177 | Phone: (650) 274-3213 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2901 Buchanan St | $6,250,000 | – | – | 9,810 | |
| 3940 Clay St | $7,998,000 | – | – | 5,530 | Active |
| 1970 Jefferson St | $6,500,000 | – | – | 3,893 | Active |
| 1138 Taylor St | $7,250,000 | – | – | 5,282 | Active |
| 2445 Buchanan St | $6,500,000 | – | – | 0 | Active |
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This listing information is up-to-date as of August 03, 2026. For the most current information, please contact Aida Molina-Polle, (510) 871-0177.