1538-1544 Polk Street, San Francisco, CA 94109
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1538-1544 Polk Street,San Francisco, CA 94109
$4,500,000
- - Beds
- - Baths
- 14,160 sq. ft.
- Multi-family
- Active
Listed by: brian leung, jeremy lee
Office: compass commercial
MLS#:426124320
Source:CABCREIS
Price summary
- Price:$4,500,000
- Price per sq. ft.:$317.8
About this home
1538-1544 Polk Street is a mixed-use (hotel + retail) property in the Nob Hill/Polk Gulch neighborhood of San Francisco. The three-story property features three (3) retail units on the ground floor and a 40-unit SRO/hotel above that is master leased to an operator, Shirley Hotels. Of the 40 rooms, 21 are SRO units, 7 are SRO with partial baths, 9 are tourist/transient and 3 are for manager use. The SRO units without bathrooms share 3 common area bathrooms. Two of three retail units are occupied by a tuxedo retailer and a foot massage service. The 40 room hotel is currently month-month. A savvy investor may renegotiate the lease or operate the hotel to significantly increase cash flow. The property is in a central location of the Polk Street commercial corridor in Nob Hill. The street is famous for its historic architecture, Michelin-rated cuisine, and abundant retail amenities. It is an exceptional location for this type of property due to its walkability and easy access to public transit. The investment appeal of this property is its location in San Francisco's most desirable neighborhood and its significant upside potential. Proforma CAP 5% based on vacant units rented at market rents....
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Home facts
- Year built:1907
- Listing ID #:426124320
- Added:1 day(s) ago
- Updated:April 23, 2026 at 05:42 PM
Rooms and interior
- Rooms Total:42
- Living area:14,160 sq. ft.
Structure and exterior
- Year built:1907
- Building area:14,160 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Shape Regular
Finances and disclosures
- Price:$4,500,000
- Price per sq. ft.:$317.8
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