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2 Unit Mixed Use Investment 22 Russ St 3,750 SF 100% Leased Industrial Building San Francisco, CA 94103 $1,079,000 ($287.73/SF) 5.47% Cap Rate



Investment Highlights
- Ideal South of Market location
- Solid value at $288 PSF
- Corner property with great natural light
Executive Summary
22-24 Russ Street is a spacious 2-Unit mixed use building, approximately 3,750 square feet, centrally located in San Francisco’s SOMA neighborhood. The building has been owned by the same family since it was built in 1907.
Comprised of two units, the top unit (22) is a large three-bedroom with one split bath and the bottom (24) unit is a warehouse (formerly a metal fabrication shop) and a garage with roll-up door. Both units have great natural light, tall ceilings, and unique character. The upper unit has two large skylights bringing a sense of openness. Both units are currently occupied with long-term tenants on month-to-month leases. The bottom unit is occupied by a fine art framing shop. The property is being listed with both tenants in place, but could also be great for an owner occupied, work/live building.
With a rental location boasting a walk score of 98 and transit score of 100, 22-24 Russ Street is in the heart of San Francisco with easy access to all that the City has to offer. This central location offers many MUNI and BART options for easy mobility plus convenient access to HWY 101 and 280.
22-24 Russ Street presents a savvy investor with a fantastic opportunity to purchase an easy to manage mixed use asset in the center of San Francisco.
Comprised of two units, the top unit (22) is a large three-bedroom with one split bath and the bottom (24) unit is a warehouse (formerly a metal fabrication shop) and a garage with roll-up door. Both units have great natural light, tall ceilings, and unique character. The upper unit has two large skylights bringing a sense of openness. Both units are currently occupied with long-term tenants on month-to-month leases. The bottom unit is occupied by a fine art framing shop. The property is being listed with both tenants in place, but could also be great for an owner occupied, work/live building.
With a rental location boasting a walk score of 98 and transit score of 100, 22-24 Russ Street is in the heart of San Francisco with easy access to all that the City has to offer. This central location offers many MUNI and BART options for easy mobility plus convenient access to HWY 101 and 280.
22-24 Russ Street presents a savvy investor with a fantastic opportunity to purchase an easy to manage mixed use asset in the center of San Francisco.
Property Facts
| Price | $1,079,000 | Lot Size | 0.04 AC |
| Price Per SF | $287.73 | Rentable Building Area | 3,750 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5.47% | Year Built | 1907 |
| Property Type | Industrial | Parking Ratio | 0.27/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | ||
| Zoning | RED - Residential Enclave District | ||
| Price | $1,079,000 |
| Price Per SF | $287.73 |
| Sale Type | Investment |
| Cap Rate | 5.47% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.04 AC |
| Rentable Building Area | 3,750 SF |
| No. Stories | 2 |
| Year Built | 1907 |
| Parking Ratio | 0.27/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | RED - Residential Enclave District |
Utilities
- Water - City
- Sewer - City
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 3726-068 | Improvements Assessment | $55,854 |
| Land Assessment | $29,290 | Total Assessment | $85,144 |
Property Taxes
Parcel Number
3726-068
Land Assessment
$29,290
Improvements Assessment
$55,854
Total Assessment
$85,144
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2 Unit Mixed Use Investment | 22 Russ St
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