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$2,500,000

For Sale

10 months ago

MLS® 425042315

0 Bed

0 Bath

4240 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 4240 sqft
Garage No
HOA Fees 
Taxes 
Days Active 297
Approx. Age 1909
Avg. Price Per Sqft $589
MLS® Number 425042315

Property Address: 620 Ofarrell St, San Francisco, CA, 94109-7404

Average square foot calculated using Size range provided by listing agent.

Description

Located less than a mile from San Francisco's Union Square, the Blue Hotel presents a rare opportunity to acquire a mixed-use building in the heart of the city. The ground floor is anchored by the established Louder Restaurant, providing steady commercial income, while the upper floors consist of 13 SRO units. Residents benefit from access to a common kitchen along with private and shared restrooms. Seven of the rooms hold city-designated tourist licenses and are rented on a nightly basis, historically generating strong short rental income in one of the country's top travel destinations. The remaining six rooms are suited for longer-term tenants, with four to be delivered vacant allowing a new owner the flexibility to select tenants and stabilize rents. Offered at a 8.31% CAP rate and 9.02 GRM, the property provides immediate income with significant upside potential through leaseup and operational optimization.
MLS® Number425042315
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1909
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 23, 2025List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
620 Ofarrell St, San Francisco, CA

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