Mixed-Use Turnkey Apartments with Retail 449 & 451 9th St 11 Unit Apartment Building $3,590,746 CAD ($326,431 CAD/Unit) 6.61% Cap Rate San Francisco, CA 94103

Mixed-Use Turn Key Apartment Building Only $235K Per Unit!
Located at 449-451 9th Street and anchored by a high vis/high trafficked 500 SqFt commercial space in the Heart of SoMa with great freeway access.
Pride of ownership throughout.
Residents will enjoy a great location with a short distance from major retailers and employers such as Adobe, Twitter HQ, Discord, Air B&B, REI, Patreon, Target, and half a block from Trader Joe's, Bed Bath & Beyond, Pete's Coffee, and Costco, with stellar walk, bike, and transit scores.
Many recent upgrades, such as the San Francisco soft-story upgrade completed in 2020, a newly renovated lobby, turfed and private outdoor area, upgraded centralized fire alarm system in 2023, and much more.
A fantastic opportunity to purchase a high-visibility mixed-use property in the Heart of SoMa with tremendous income upside potential. Zero delinquency throughout COVID.
Residential includes:
- 10 1BR/1BA apartments with tremendous upside in
under-market rents
- 6 completely renovated units within the last 36
months
- Tremendous income upside potential
- Turn key building in Great Neighborhood
- Too many upgrades to list w/ pride of ownership
throughout
- All units are individually metered for gas and
electric
- On-site laundry with App-based pay
- One storage unit per apartment
Ground Floor Commercial Space includes:
- Infrastructure for food prep/food service
- 3 Compartment Sink with Drain Boards and pre-
rinse faucet + Prep Sink
- Grease Trap
- Floor Sink and Floor Drains
- Hand washing sink and janitorial/mop
Sink
- Private restroom

Video Tour:
https://youtu.be/n9Qc2IMzt64