570 Ofarrell Street, San Francisco, CA 94102

San Francisco
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
570 Ofarrell Street,San Francisco, CA 94102
$4,950,000
  • - Beds
  • - Baths
  • 11,985 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas e bonn
Office: marcus & millichap
MLS#:423759865
Source:CABCREIS

Price summary

  • Price:$4,950,000
  • Price per sq. ft.:$413.02

About this home

The Sweden House Hotel is an exceptional mixed-use property, comprising 39 units in total. It features 38 single room occupancy (SRO) units alongside a single retail commercial unit. Consisting of 11,985 square feet of structure size, per tax records, 570 O'Farrell Street will be delivered 30% occupied with 27 of the residential units delivered vacant. There are 5 tourist licenses that allow for unrestricted short term / nightly rentals. The commercial unit is leased to Cantoo, a Latin Asian Rotisserie, on a 5 year lease with one year option to renew. The property is located in the Tenderloin District of San Francisco nearby the teeming commercial hub of Union Square. Many major hotels and department stores are packed into the area, as well as restaurant, nightspots and galleries. This is a fantastic opportunity for an investor to acquire a value-add investment property in the heart of San Francisco.

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Home facts

  • Year built:1907
  • Listing ID #:423759865
  • Added:1011 day(s) ago
  • Updated:December 11, 2023 at 06:08 PM

Rooms and interior

  • Living area:11,985 sq. ft.

Structure and exterior

  • Year built:1907
  • Building area:11,985 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Shape Regular

Finances and disclosures

  • Price:$4,950,000
  • Price per sq. ft.:$413.02
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