696 Valencia Street
$4,100,000
696 Valencia Street, San Francisco, CA 94110
8,686 sqft
Building Size
3,000 sqft
Lot Area
Details:
Description:
696 Valencia Street is a well-maintained mixed-use property located in the heart of San Francisco’s highly coveted Mission Dolores neighborhood. Built in 1923, the building features seven residential units (a mix of 1- and 2-bedroom floorplans) and one ground-floor commercial space, totaling approximately 6,630 square feet. Residential units boast period charm, hardwood floors, bay windows, generous natural light, and in-unit laundry. The commercial suite enjoys excellent street visibility on the bustling Valencia corridor.
Situated on a 3,000-square-foot lot within NCT zoning, the property benefits from exceptional walkability to Dolores Park, BART, and some of the city’s most popular restaurants, bars, and cafes. With current rents approximately 17% below market, the asset offers strong in-place income and meaningful upside potential. Proforma financials project a 6.71% cap rate and an 5.99% cash-on-cash return.
696 Valencia presents a rare opportunity to acquire a stabilized, income-generating asset with long-term growth potential in one of San Francisco’s most dynamic and desirable neighborhoods.
Documents:
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696_Valencia_St_OM.pdf
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Location
Gallery
