Metropolitan Hotel

$6,995,001

220 Linden Avenue, South San Francisco, CA 94080

For Sale

Hotel Serviced Apartments

Active

Last Updated: 09/22/2025

Details:

Cap Rate: 8.25%

Building Size: 19,800 sqft

Lot Area: 7,280 sqft

Keys: 69

Year Built: 1912

Price Per Sqft: $353

Price Per Unit: $101,376

Floors: 3

Year Last Renovated: 2022

Offered by Broker

Richard Ehmer

President

The Ehmer Group

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Highlights:

68-Room Metropolitan Hotel plus a Three Bedroom Unit
Development Potential for Commercial Hotel or Multi-Residential Building
Two Ground Floor Retail Tenants are in One of the Busiest Areas of South San Francisco
Surrounded by Restaurants, Shopping, and Major Public Transportation Hubs

Description:

The Metropolitan Hotel is a 69 unit property consisting of 68 SRO’s and one three bedroom unit. The property is three-stories and includes ground-level retail space with two commercial tenants. Built in 1912, The Metropolitan has 19,800 SF of rentable space. There is no onsite parking, but street parking is abundant. Each floor has three shared bathrooms, with 12 of the rooms having their own full bathroom. A community space in the basement with microwave banks was updated in 2020.

The site covers approximately 7,280 SF (0.17 acres) and is flat and rectangular in shape. Located in the vibrant South San Francisco Downtown neighborhood, this property offers a vibrant neighborhood experience, boasting high walkability, and energetic nightlife, and close proximity to public transportation.

220 Linden Ave has a rent agreement with the City of South San Francisco that controls rent for 62 SRO units. This agreement expires on April 29, 2031. The rent, including utilities, is capped at 30% of 60% of the Area Median Income (AMI). Based on current limits from San Mateo County, the maximum rent for these units is $1,648 per month.