225 Jones Street, San Francisco
San Francisco Home For Sale
225 Jones St is a 20-Unit mixed-use Multifamily building located in the Tenderloin. It is an excellent renovation opportunity with substantial upside for investors who are motivated. It consists of 16 large studio apartments, ranging in size from +/- 350-400 square feet each. 14 of the studios are currently vacant. On the ground level, there are 4 commercial spaces, two of which are occupied by a city favorite, Yemen Kitchen and the other, by the popular Hung Phat Bakery, both are on month-to-month basis. The building is located just around the corner from the Tenderloin Police Station. There is an impressive return on investment for buyers who are ready to renovate and stabilize the asset. Market rents for the renovated studios range between $1,300-$1,400 a month while the commercial spaces command +/1 $1,700 a month. The adjacent apartment building has high occupancy and attracts many interested tenants because of its attractive price point. Our firm has recently placed 5 commercial Tenants in the Tenderloin ranging from nonprofits to small retailers. We currently represent 15+ commercial spaces in the Tenderloin and have been filling properties quickly as interest is high.
Property Details
Sales Agent
- Beach Cities Real Estate
- Phone: (888) 990-7111
- Cell: (888) 990-7111
- Contact Agent Now
Essential Information
-
- MLS® #:
- 424050627
-
- Price:
- $2,450,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 9,420
-
- Acres:
- 0.09
-
- Year Built:
- 1925
-
- Type:
- Residential Income
-
- Sub-Type:
- Mixed Use
-
- Status:
- Active
Community Information
-
- Address:
- 225 Jones Street
-
- Area:
- SF District 8
-
- Subdivision:
- Tenderloin
-
- City:
- San Francisco
-
- County:
- San Francisco
-
- State:
- CA
-
- Zip Code:
- 94102
Interior
-
- # of Stories:
- 3
-
- Stories:
- Three Or More
Exterior
-
- Lot Description:
- Other
-
- Construction:
- Concrete
-
- Foundation:
- Concrete
Additional Information
-
- Date Listed:
- July 19th, 2024
-
- Zoning:
- RC4
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.