77-83 9th Street, San Francisco, CA 94103

Property Description

54 apartments plus 2 ground-floor commercial storefronts in a six-story building, built in 1912: 44 studios and 10 one-bedroom/one-bath units in about 22,670 SF on a 5,025 SF lot. Mixed-use investment between Market and Mission in the heart of SoMa / Mid-Market. Renovated in 2012 and 2024, with many units updated with hardwood floors, quartz counters and tile backsplashes. On-site laundry, a full basement, a central boiler and building-wide video surveillance. Market residential rents run about 26% above in-place rents. One block to Market Street and about 0.2 miles to Civic Center BART/Muni, close to City Hall, Union Square, Mid-Market employers and freeway access. 5.59% current cap; 6.56% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.