Home | San Francisco County | San Francisco | 94103 | 449 9th St
MLS: SF425055414 | Status: | Price: $2,268,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,765 | 2,500 | 1914 |
449-451 9th Street is a mixed-use, 11-unit building centrally located in the heart of San Francisco's vibrant SOMA neighborhood. Constructed in 1914 and encompassing approximately 4,765 square feet, the property features a blend of ten (10) - 1 bedroom / 1 bath apartment units and one (1) ground-floor commercial space. Units are thoughtfully designed with wood flooring, modern kitchenettes featuring quartz countertops and gas stoves, updated bathrooms, and ample natural light. Each residential unit benefits from dedicated storage space and access to a recently renovated backyard. Situated on a 2,500-square-foot parcel zoned SCI, the building offers separately metered gas and electricity, a local hardwired fire system, and updated water heaters. The building is fully compliant with San Francisco's Fire Alarm Sleeping Room Ordinance including both a front and rear fire escape and is in compliance with the San Francisco Soft-Story ordinance. This asset represents a strong value-add investment opportunity with approximately 42% rental upside. Current rents are notably below market, and the building offers a 7.11% cap rate with a projected pro forma cap rate of 10.83% and an impressive 7.03% cash-on-cash return. With a high-demand unit mix, strong in-place income, and location
| Field | Value |
|---|---|
| MLS # | SF425055414 |
| MLS Source | San Francisco Association of Realtors® MLS |
| Days on Site | 291 |
| Feature | Details |
|---|---|
| Appliances | Oven - Gas |
| Flooring | Carpet, Concrete, Wood |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Adam Carosso | Brad Lagomarsino |
| Colliers International | |
| License #: 02122807 | License #: 01058500 |
| Phone: (415) 788-3100 | Phone: (415) 786-5246 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 11 | 11 | 11 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 437 Vermont St | $2,050,000 | – | – | 4,134 | Active |
| 2325-2327 Bryant St | $1,995,000 | – | – | 3,930 | PendingDoNotShow |
| 905 Ashbury St | $2,550,000 | – | – | 4,439 | Active |
| 844 Baker St | $2,400,000 | – | – | 3,750 |
©2026 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of April 24, 2026. For the most current information, please contact Adam Carosso, (415) 788-3100.