2809-2811 24th Street, San Francisco, CA 94110-4213, USA

Property CA
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1

Property Overview:

This is an incredible mixed-use property located in the Inner Mission District, offering both commercial and residential spaces. It features a VACANT 2-bedroom, 1-bathroom residential unit on the upper level and a Japanese Restaurant (9 years in business) on the lower level. The property boasts a potential monthly income of $10K and a 5.5-6.5% CAP Rate, making it an excellent opportunity for savvy investors.

Neighborhood Highlights:

  • Prime Location:
    Situated in the heart of the Inner Mission District, known for its dynamic energy and urban appeal.

  • Transportation:
    Close to BART, MUNI, Cal Trains, and Highways 101 & 280, ensuring easy access for commuters.

  • Amenities:
    Steps away from shops, dining, and other urban conveniences.

Property Features:

  • Mixed-Use Building:

    • Upper Level: VACANT 2-bedroom, 1-bathroom residential unit with stainless steel appliances, hardwood floors, and lots of natural light.
    • Lower Level: Japanese Restaurant with a solid rental history and established tenant base.

  • Flexible Use:

    • Can be used as a live/workspace or converted into two separate 1-bedroom units.
    • No OMI/Ellis Act restrictions and TIC potential (per Andy Sirkin).

  • Modern Amenities:

    • Each unit includes stackable washer/dryer, separate water heaters, outdoor space, and private entrances.
    • Ample storage space and modern architectural design.

Investment Highlights:

  • $100K Price Improvement:
    A rare opportunity to secure a high-yield property at a reduced price.

  • Income Potential:
    Generates an impressive monthly income of $10K with potential for future appreciation.

  • CAP Rate:
    Offers a 5.5-6.5% CAP Rate, making it a lucrative investment.

Location Benefits:

  • Commuter-Friendly:
    Proximity to public transportation and major highways ensures convenience for residents and business patrons.

  • Vibrant Community:
    Located in a thriving neighborhood with strong rental demand and urban appeal.

2

Price and Status History

date type price
2002-02-21 For Sale NaN
2002-03-20 Delisted NaN
2002-04-26 Sold 450000
2006-02-08 For Sale 999000
2006-07-27 Delisted NaN
2006-08-25 Sold 887500
2007-10-15 For Sale 965000
2007-12-20 Delisted NaN
2008-02-26 Sold 941000
2023-06-05 For Sale NaN
2023-10-05 For Sale NaN
2023-11-10 For Sale NaN
2024-02-03 For Sale 1579000
2024-05-07 For Sale 1488000
2024-05-23 For Sale 1418000
2024-09-23 Pending NaN
2024-10-02 Pending NaN
2024-10-10 Sold 1400000
3

Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
NL INDS INC 2240 24th Street, San Francisco, CA 94107, USA N N NF 0 CAD980637003 0.36
KNUDSON PARK BET 24TH & 26TH, Potrero Avenue, San Francisco, CA 94110, USA N N NF 0 CAD980674048 0.46
ARMSTRONG JAMES VACANT LOT 2250 Jerrold Avenue, San Francisco, CA 94124-1042, USA N N NF 0 CAD980736052 0.66
COOKSON CO 1525 Cortland Avenue, San Francisco, CA 94110-5714, USA N N NF 0 CAD982358616 0.86
GOLLAN TYPE METAL COMPANY 1220 Pennsylvania Avenue, San Francisco, CA 94107-3415, USA N N RR 0 CAN000909436 0.87
MCKINNON 2100 McKinnon Avenue, San Francisco, CA 94124, USA N N RO 0 CAD982029001 0.96

Toxic Release Inventory

FACILITY NAME ADDRESS TOTAL FORMS LAST FORM YEAR RISK SCREENING FACILITY ID DISTANCE (MILES)
SYN-MAR CULTURED MARBLE INC 220 Bayshore Boulevard, San Francisco, CA 94124-1323, USA 5 1991 N/A 94124SYNMR220BA 0.56
CLERVI MARBLE CO 221 Bayshore Boulevard, San Francisco, CA 94124-1322, USA 11 1994 N/A 94124CLRVM221BA 0.61
BEST FOODS 1890 Bryant Street, San Francisco, CA 94110-1459, USA 6 1990 N/A 94110BSTFD1890B 0.74

Integrated Compliance Information System - Air

PLANT NAME ADDRESS OPERATING STATUS DISTANCE (MILES)
SAN FRANCISCO GENERAL HOSPITAL 1001 Potrero Avenue BLDG 2, ROOM 105, San Francisco, CA 94110-3518, USA 0.26
MCALINDON’S AUTO 1270 Valencia Street, San Francisco, CA 94110-3029, USA OPR: Operating 0.69
VALENCIA SHELL 899 Valencia Street, San Francisco, CA 94110-1736, USA OPR: Operating 0.81
CHERIN’S APPLIANCES 727 Valencia Street, San Francisco, CA 94110-1734, USA OPR: Operating 0.92
KING’S REFRIGERATION 659 Valencia Street, San Francisco, CA 94110-1150, USA OPR: Operating 0.97
PORT OF SAN FRANCISCO FOOT OF, 20th Street, San Francisco, CA 94107, USA OPR: Operating 0.98
F LOFRANO & SON INC 3355 17th Street, San Francisco, CA 94110-1207, USA OPR: Operating 0.99
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Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 0 0
AE 0 0 0 0
AH 0 0 0 0
AO 0 0 0 0
VE 0 0 0 0

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.
VE Coastal 1% annual chance flood zone with wave action. BFEs shown. Insurance and management required.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
San Andreas - Peninsula San Francisco South 0 0 1

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 0 0
Very high 0 0 3 0

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 0 0
5

Traffic Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
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19 44 NaN 46 48 45 48 46
20 51 42 45 46 44 42 43
21 40 46 48 47 45 44 45
22 39 44 44 40 40 43 47
23 39 47 53 46 48 42 44
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Airplane Noise by Hour x Weekday

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