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....
Contact an agent
Home facts
- Year built:1907
- Listing ID #:426124320
- Added:41 day(s) ago
- Updated:June 04, 2026 at 02:42 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
New listings near 1538-1544 Polk Street
- Open Sat, 1 to 4pmNew
$1,199,000Active3 beds 2 baths1,665 sq. ft.16 Moneta Court, SAN FRANCISCO, CA 94112
MLS# 82049706Listed by: REAL BROKERAGE TECHNOLOGIES - New
$3,999,000Active7 beds 8 baths4,848 sq. ft.2820-2824 Folsom Street, San Francisco, CA 94110
MLS# 426132465Listed by: COMPASS - New
$998,000Active2 beds 2 baths1,566 sq. ft.245 5th Street #103, San Francisco, CA 94103
MLS# 426134120Listed by: MOSAIK REAL ESTATE - Open Sat, 1 to 3pmNew
$1,298,000Active3 beds 2 baths1,605 sq. ft.158 Everson Street, San Francisco, CA 94131
MLS# 426135827Listed by: HELM REAL ESTATE - Open Sat, 2 to 4:30pmNew
$1,368,000Active4 beds 3 baths42 Granada Avenue, San Francisco, CA 94112
MLS# 426135917Listed by: COMPASS - Open Sat, 2 to 4pmNew
$695,000Active1 beds 1 baths767 sq. ft.1483 Sutter Street #710, San Francisco, CA 94109
MLS# 426136212Listed by: COMPASS - Open Sat, 2 to 4pmNew
$2,590,000Active4 beds 4 baths2,336 sq. ft.722 17th Avenue, San Francisco, CA 94121
MLS# 426136416Listed by: BARBCO - Open Sat, 1:30 to 4:30pmNew
$1,980,000Active4 beds 3 baths2,045 sq. ft.1350 W Plymouth Avenue, San Francisco, CA 94112
MLS# 426136513Listed by: RED HAT REAL ESTATE - Open Sat, 2 to 4pmNew
$515,000Active1 beds 1 baths669 sq. ft.8400 Oceanview Terrace #120, San Francisco, CA 94132
MLS# ML82049705Listed by: JS REALTY - New
$6,800,000Active3 beds 3 baths5,351 sq. ft.653 Dolores Street, San Francisco, CA 94110
MLS# ML82049715Listed by: AETHOS REAL ESTATE