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8 Persia Ave 7,110 SF 50% Leased Office Building San Francisco, CA 94112 $2,100,000 ($295.36/SF)
Investment Highlights
- Heavy foot traffic
- Bustling Excelsior Corridor
- First floor - tenant occupied
- Steps to public transit, shops, and restaurants
- Zoned NCD-Excelsior
- Second floor - vacant
Executive Summary
4696 Mission Street / 8 Persia Avenue presents a rare owner-user and value-add investment opportunity in the heart of San Francisco's highly active Excelsior District. Historically known as Zhong Luo's Dragon House, the property is strategically positioned on the corner of Mission Street and Persia Avenue. This prominent two-story commercial building delivers immediate cash flow through a stabilized ground-floor tenant lease through 2028, while the vacant second floor offers significant upside through owner-user occupancy or lease-up at market rate. The upper floor accommodates a broad range of uses including fitness, faith-based, educational, creative office, cultural, and community-serving operators. Ideal for any occupant seeking long-term location control on a high-visibility arterial. A compelling opportunity for the income-focused investor or owner-user looking to establish a permanent foothold in a proven San Francisco neighborhood market. AS-IS sale.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$123,000
|
$17.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$123,000
|
$17.30
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $123,000 |
| Annual Per SF | $17.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $123,000 |
| Annual Per SF | $17.30 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,110 SF
Building Class
B
Year Built
1953
Price
$2,100,000
Price Per SF
$295.36
Percent Leased
50%
Building Height
2 Stories
Typical Floor Size
3,555 SF
Building FAR
1.73
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
NCD
1 1
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 6955-043 | Improvements Assessment | $788,103 (2025) |
| Land Assessment | $1,182,161 (2025) | Total Assessment | $1,970,264 (2025) |
Property Taxes
Parcel Number
6955-043
Land Assessment
$1,182,161 (2025)
Improvements Assessment
$788,103 (2025)
Total Assessment
$1,970,264 (2025)
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