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449 9th Street

San Francisco, CA 94103

10 beds
– baths
4,765 sqft
2,500 sqft lot
$543 per sqft
1914 build
– on site

449-451 9th Street is a mixed-use, 11-unit building centrally located in the heart of San Francisco's vibrant SOMA neighborhood. Constructed in 1914 and encompassing approximately 4,765 square feet, the property features a blend of ten (10) - 1 bedroom / 1 bath apartment units and one (1) ground-floor commercial space. Units are thoughtfully designed with wood flooring, modern kitchenettes featuring quartz countertops and gas stoves, updated bathrooms, and ample natural light. Each residential unit benefits from dedicated storage space and access to a recently renovated backyard. Situated on a 2,500-square-foot parcel zoned SCI, the building offers separately metered gas and electricity, a local hardwired fire system, and updated water heaters. The property is fully compliant with San Francisco's Fire Alarm Sleeping Room Ordinance and includes both front and rear fire escapes. While the property is not on the soft-story retrofit list, it presents an ideal candidate for long-term capital improvements. This asset represents a strong value-add investment opportunity with approximately 36% rental upside. Current rents are notably below market, and the building offers a 6.30% cap rate with a projected pro forma cap rate of 9.05% and an impressive 11.89% cash-on-cash return.

Listing courtesy of SFMLS / Colliers International

Last checked: Checking… • Last updated Jul 8, 2025 •

MLS# 425055414 —

The Building

Year Built:

1914
Year Built Source:

Assessor Auto-Fill
Levels:

Two
Building Area Total:

4765
Building Area Units:

Square Feet
Building Area Source:

Assessor Auto-Fill

Interior

Laundry Features:

Common Area

Room Dimensions

Living Area:

4765
Living Area Units:

Square Feet
Living Area Source:

Assessor Auto-Fill

Location

Cross Street:

Bryant Street
Latitude:

37.772117
Longitude:

-122.409148

The Property

Parcel Number:

3757049
Property Type:

Residential Income
Property Subtype:

Mixed Use
Lot Features:

Sidewalk
Lot Size Area:

2500.344
Lot Size Acres:

0.0574
Lot Size Square Feet:

2500.344
Lot Size Units:

Square Feet
Irrigation Water Rights:

false
Elevation Units:

Feet

Listing Agent

Contact info:

Beds

Total Bedrooms:

10

Appliances

Appliances:

Free-Standing Gas Oven

The Community

Association:

false

Parking

Garage:

false
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/7/25 Jul 7, 2025	Listed / Active	SFMLS	$2,588,000	34.4% (4.5% / YR)
11/4/17 Nov 4, 2017		SFMLS	$1,925,000

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This multifamily located in South of Market, San Francisco, CA 94103 is currently for sale for $2,588,000. 449 9th Street is a 4,765 square foot multifamily with 10 beds and – baths that has been on Estately for 2 days. 449 9th Street is in the South of Market neighborhood of San Francisco and has a WalkScore® of 98, making it a walker’s paradise. This multifamily is in the attendance area of James Lick Middle School and Daniel Webster Elementary School.

Listing Courtesy of: SFMLS and Colliers International.

Based on information from the SFMLS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.