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Investment Highlights

  • With its prime location and legacy retail tenant, 225 Ellis represents a one of a kind investment opportunity steps from thriving Union Square
  • Located near Union Square, one of San Francisco's prime destinations for shopping, dining and entertainment.
  • Positioned in a central, high-demand neighborhood poised for continued growth, adding value to long-term investment potential.
  • Current tenant in ground floor retail space

Executive Summary

DOTOWN proudly presents 225 Ellis Street, a centrally located mixed-use investment opportunity in the evolving Downtown San Francisco market. Exclusively represented by Manabu Kagiyama of DOTOWN, the property consists of 16 SRO residential rooms above a ground-floor commercial space, offering a flexible urban asset in one of San Francisco’s most transit-oriented neighborhoods.
Located just blocks from Union Square, the property benefits from immediate access to public transportation, shopping, restaurants, entertainment venues, and major employment centers throughout Downtown San Francisco. The surrounding area continues to experience ongoing revitalization driven by tourism recovery, residential demand, infrastructure investment, and renewed activity throughout the city’s core districts.
225 Ellis presents an opportunity for investors seeking a character-rich San Francisco property with long-term upside potential. The combination of residential occupancy and street-level retail creates multiple income components while positioning the asset to benefit from future neighborhood growth and increased economic activity.
With its highly walkable location, proximity to iconic San Francisco destinations, and accessibility to BART, MUNI, hotels, restaurants, and cultural attractions, 225 Ellis is well positioned as a unique urban investment opportunity in the center of San Francisco.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $387,480 $59.00
Other Income - -
Vacancy Loss $19,374 $2.95
Effective Gross Income $368,106 $56.05
Taxes $36,400 $5.54
Operating Expenses $96,870 $14.75
Total Expenses $133,270 $20.29
Net Operating Income $234,836 $35.76

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $387,480
Annual Per SF $59.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $19,374
Annual Per SF $2.95
Effective Gross Income
Annual $368,106
Annual Per SF $56.05
Taxes
Annual $36,400
Annual Per SF $5.54
Operating Expenses
Annual $96,870
Annual Per SF $14.75
Total Expenses
Annual $133,270
Annual Per SF $20.29
Net Operating Income
Annual $234,836
Annual Per SF $35.76

Property Facts

Price $3,800,000
Price Per Unit $237,500
Sale Type Investment
Cap Rate 7.65%
Gross Rent Multiplier 9.8
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,567 SF
Average Occupancy 6%
No. Stories 3
Year Built/Renovated 1910/2024
Zoning RC4 - Commercial & Multi-family

Amenities

  • Smoke Detector

Unit Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Views
  • Walk-In Closets
  • Wi-Fi
  • Basement
  • Coffee System
  • Dining Room
  • Double Pane Windows
  • Intercom
  • Linen Closet
  • Smoke Free
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Security System
  • Wi-Fi
  • Community-Wide WiFi
  • Individual Locking Bedrooms
  • Walk-Up
  • Smoke Detector
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0331-001
Land Assessment
$1,090,045 (2025)
Improvements Assessment
$726,693 (2025)
Total Assessment
$1,816,738 (2025)
Annual Taxes
$36,400 ($5.54/SF)
Tax Year
2026
  • Listing ID: 40530236

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 225 Ellis St, San Francisco, CA 94102

Contact the Sale Advisor

225 Ellis St

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