San Francisco, CA 94108,1035 Stockton ST
Listed by Louis Cornejo Urban Group Real Estate

$7,900,000

$6,650,000

18.8%
Est.Price: ?

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Est. payment /mo

22,305 SqFt


SOLD DATE : 06/04/2025

Key Details

Sold Price $7,900,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 22,305 sqft

Price per Sqft $354

MLS Listing ID 425020553

Sold Date 06/04/25

HOA Y/N No

Year Built 1908

Lot Size 0.283 Acres

Acres 0.2832

Property Sub-Type Mixed Use

Property Description

This prime mixed-use property, in the heart of San Francisco's Chinatown, offers diverse income streams with 39 SRO units, 10 prime retail spaces, and 9 on-site parking spots. The property is comprised of 10 commercial units on the ground level, 39 SRO units on level two and three and a parking area in the rear for 9 cars. Each SRO has two rooms with a kitchen. There is a total of 20 toilets and 20 showers that are shared, with two SRO units, to one toilet and one shower. 7 SRO units will be delivered vacant. The building is fully sprinklered and has up to date sounders. Ten prime retail spaces are located at the corner of Stockton and Jackson, Chinatown's epicenter. All the retail spaces are fully leased. The parking area is at the rear of the property with easy access from Jackson Street. With an in-place cap rate of 8.65% and a projected cap rate of 9.68%, savvy investors are sure to benefit from this property's stable income and prime location in a thriving commercial and cultural hub.

Location

State CA

County San Francisco

Area Sf District 8

Zoning CRNC

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 0192001

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