- For Sale $2,600,000
- Property Type Multi-Family
- Property Size 5,665 SF
- Units 6
- Lot Size 0.06 Acre
- Year Built 1932
- Date Updated Aug 28, 2026
Description
Market Street between Octavia and Laguna, where Hayes Valley, Duboce Triangle, and the Castro converge. Church Street and Van Ness Muni Metro stations are within a few blocks, carrying the J, K, L, M, N, and T lines, with the F-line streetcar running directly in front of the building. Civic Center and 16th Street Mission BART are a short ride, and Octavia Boulevard reaches Highway 101 in minutes.
Whole Foods and Safeway anchor daily needs one block west. The Hayes Street corridor and Patricia's Green are two blocks north, with Duboce Park, Dolores Park, and the Castro commercial district all walkable. Civic Center and downtown are a straight shot east on Market.1884-1886 Market St is a six-unit mixed-use building in the Upper Market corridor. With banked rent increases available which brings the cap rate to 6.06 percent once the banked rent increases are applied. Four two bedroom apartments over two commercial spaces, built 1932, approximately 5,500 square feet on a 2,587 square foot lot with frontage on Market.
The four residential units are identical 750 square foot two bedroom, one bath plans, all remodeled.
Commercial runs approximately 2,500 square feet: 1,000 on the ground floor fronting Market and 1,500 on the lower level. The commercial space has a dedicated 200 amp service independent of the residential system, so food service, fitness, and wellness users can take occupancy without a service upgrade. Both vacant, lease-up underway, commercial rents set to today's market.
Highlights
- $433K/unit $459/SF
- 11.59 GRM 5.82% Cap Rate 8.36% Proforma Cap Rate
- 6.06% cap rate once banked increases are captured.
- 6-unit mixed-use property at the crossroads of Market Street and Guerrero
- Additional income available through RUBS implementation and owner-owned on-site laundry
- Both commercial units can be delivered leased at close of escrow.
- Over 35% upside in rents, with banked Rent Board increases still available
- Steps from the F-Line, with Church Street and Van Ness Metro stations within a half-mile
- Uniform 750 SF residential floor plans, providing clear path to income growth upon turnover
- Unit Mix: (4) Four 2BR/1BA residences over (2) Two ground-floor commercial spaces
- Well-suited as an owner-user acquisition with SBA financing, or a long-term hold
- Where the Duboce Triangle, Hayes Valley, Castro, and Mission Dolores rental submarkets converge
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Contacts
Cris Lamas
Urban Capital
Location
Located at 1884-1886 Market Street, San Francisco, CA 94102, this property is part of the Hayes Valley neighborhood and San Francisco market.
Contact Listing Broker
Cris Lamas
Urban Capital