- 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.
Last checked:
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Last updated Jul 8, 2025
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MLS# 425055414 —
The Building
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Year Built:1914
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Year Built Source:Assessor Auto-Fill
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Levels:Two
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Building Area Total:4765
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Building Area Units:Square Feet
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Building Area Source:Assessor Auto-Fill
Interior
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Laundry Features:Common Area
Room Dimensions
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Living Area:4765
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Living Area Units:Square Feet
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Living Area Source:Assessor Auto-Fill
Location
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Cross Street:Bryant Street
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Latitude:37.772117
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Longitude:-122.409148
The Property
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Parcel Number:3757049
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Property Type:Residential Income
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Property Subtype:Mixed Use
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Lot Features:Sidewalk
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Lot Size Area:2500.344
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Lot Size Acres:0.0574
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Lot Size Square Feet:2500.344
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Lot Size Units:Square Feet
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Irrigation Water Rights:false
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Elevation Units:Feet
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:10
Appliances
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Appliances:Free-Standing Gas Oven
The Community
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Association:false
Parking
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Garage:false
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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7/7/25
Jul 7, 2025
|
Listed / Active | SFMLS | $2,588,000 | 34.4% (4.5% / YR) |
11/4/17
Nov 4, 2017
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SFMLS | $1,925,000 |