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 #
SF425042315
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
55
# Buildings / # Units
1 / 0
Parking Spaces
0
Present Use
Mixed, Residential, Retail
Utilities
Water - Public
Flooring
Tile, Wood
Water
Public
Listing Agent
Theodore Wong
Compass Commercial
License #: 02016737
Phone: (650) 228-9930
Co-Listing Agent
Rai Fung Lee
Compass
License #: 02118177
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 0 |
620 Ofarrell St is a Commercial Sale in San Francisco, CA 94109. This 4,240 square foot property sits on a 1,716 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,600,000 and was built in 1909.
This address can also be written as 620 Ofarrell St, San Francisco, CA 94109.©2025 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of June 12, 2025. For the most current information, please contact Theodore Wong, (650) 228-9930