381 Broadway, San Francisco, CA 94133
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
381 Broadway,San Francisco, CA 94133
$7,500,000
- - Beds
- - Baths
- 17,205 sq. ft.
- Multi-family
- Active
Listed by: nico toracca, gino v franco
Office: marcus & millichap
MLS#:426121044
Source:CABCREIS
Price summary
- Price:$7,500,000
- Price per sq. ft.:$435.92
About this home
381 Broadway is a mixed‑use investment ideally located just outside Jackson Square, one of San Francisco's most desirable and supply‑constrained submarkets. Situated steps from the Transamerica Pyramid and a stone's throw from neighborhood icons such as Cotogna and Blue Bottle Coffee, the property sits at the intersection of North Beach, Chinatown, and the Financial Districtbenefiting from strong pedestrian traffic, limited new supply, and enduring housing demand. The property consists of a 42‑room Residential Hotel (SRO) above a large, street‑level commercial space, providing diversified income from two complementary uses. The ground‑floor commercial space is occupied by Centerfolds, a long‑standing neighborhood legacy business that has operated along the Broadway corridor for over 40 years. The tenant executed a new 10‑year lease in late 2025, offering long‑term income stability and approximately one‑third reimbursement of property taxes, reducing operating expenses and enhancing cash‑flow. The residential hotel has been owned and conservatively operated by the seller's family for nearly 50 years, spanning two generations. Pride of ownership is evident throughout, with extensive upgrades to lighting, flooring, and other interior improvements. Additional amenities include on‑site coin‑operated laundry for the residential hotel. The seller is offering the property with 17 vacant units, creating a compelling value‑add opportunity for a new owner to implement updated marketing, improve occupancy, and drive future revenue growth. The building as a whole has benefited from substantial capital investment totaling over $400,000, including a completed seismic retrofit, upgraded fire alarm system with horns, full sprinkler coverage, and new double‑paned energy‑efficient windows throughout. A unique physical advantage is the building's accessibility from three sides, allowing for efficient maintenance, future renovations, and capital improvements. Conveniently located and backed by stabilized long‑term commercial income from a legacy tenant, 381 Broadway represents a compelling opportunity to acquire a well‑maintained mixed‑use asset with built‑in stability and upside. With existing residential vacancy, a new owner is positioned to control tenancy, shape the future of the property, and execute a long‑term investment vision....
Contact an agent
Home facts
- Year built:1909
- Listing ID #:426121044
- Added:60 day(s) ago
- Updated:June 27, 2026 at 06:12 PM
Rooms and interior
- Rooms Total:42
- Living area:17,205 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1909
- Building area:17,205 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$7,500,000
- Price per sq. ft.:$435.92
Features and amenities
- Laundry features:Coin Operated Laundry, Common Area
New listings near 381 Broadway
- Open Sun, 2 to 4pmNew
$759,000Active1 beds 1 baths554 sq. ft.1050 North Point Street #906, San Francisco, CA 94109
MLS# 426142865Listed by: COMPASS - Open Sun, 2 to 4pmNew
$7,495,000Active4 beds 5 baths4,050 sq. ft.3140 Pacific Avenue, San Francisco, CA 94115
MLS# 426104679Listed by: SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 2 to 4pmNew
$699,000Active1 beds 1 baths626 sq. ft.555 Bartlett Street #224, San Francisco, CA 94110
MLS# 426142156Listed by: COMPASS - Open Sun, 2 to 4pmNew
$1,495,000Active4 beds 2 baths1,594 sq. ft.751 Spruce Street, San Francisco, CA 94118
MLS# 426141418Listed by: KW ADVISORS - Open Sun, 2 to 4pmNew
$2,495,000Active8 beds 4 baths751-753 Spruce Street, San Francisco, 98118
MLS# 426141447Listed by: KW ADVISORS - Open Sun, 2 to 4pmNew
$3,995,000Active3 beds 4 baths2,820 sq. ft.221 Danvers Street, San Francisco, CA 94114
MLS# 426142791Listed by: COLDWELL BANKER - Open Tue, 1 to 3pmNew
$1,488,000Active12 beds 5 baths3,900 sq. ft.1379-1381 7th Avenue, San Francisco, CA 94122
MLS# 426139961Listed by: PARK NORTH REAL ESTATE - New
$1,055,000Active1 beds 2 baths965 sq. ft.50 Lansing Street #110, San Francisco, CA 94105
MLS# ML82027498Listed by: EXP REALTY OF CALIFORNIA INC - Open Sat, 2 to 4pmNew
$999,999Active3 beds 1 baths1,082 sq. ft.340 Munich St, SAN FRANCISCO, CA 94112
MLS# 41139828Listed by: COMPASS - Open Sun, 1 to 3pmNew
$2,950,000Active3 beds 2 baths1040 Sanchez Street, San Francisco, CA 94114
MLS# 426142543Listed by: COLDWELL BANKER REALTY