1038-1048 Valencia Street San Francisco, California

Property type: Mixed Use
  • Price: $3,300,000
  • Building Size: 8,630 Sq Ft
  • Units: 9
  • Price Per Unit: $366,667
  • Price Per Sq Ft: $382
  • Cap Rate: 3.96%
  • GRM: 15.39
  • Status: Sold
  • Date: 5/24/2021

1038-1048 Valencia Street is a nine (9) unit, 8,630 sq/ft building located in the heart of the Inner Mission on the corner of Valencia + Hill Streets. The unit mix consists of two (2) studios, four (4) 1bd-1ba, one (1) 2ba-1.5ba and two (2) commercial units. The commercial space on the corner is the longtime office of Thomas Harvey which will be delivered vacant. The other commercial space is occupied by “Silver Sprocket” comics.

One of the seven apartment units will be delivered vacant. The garage on Hill Street, which can park 2 cars tandem plus storage, will also be delivered vacant. Possible Seller financing for qualified buyers. Priced $377/ft, 1038 Valencia Street offers tremendous long term value in the in one of The City’s hippest locations.