2-18 California Street & 7 Drumm Street

Off-Market

8 California Street, San Francisco, CA 94111

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 37,586 SF
  • Lot Size 0.99 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1908

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 06 Aug, 1980
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in San Francisco

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in San Francisco Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $68.56
  • 2022 Office Vacancy Rate 21.12%
  • 2022 Office Completions (SF) 1,838,723

San Francisco Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $1,053.70
  • Y-o-Y Avg. PpSF Change 23.39%
  • 2022 Office Sales Volume $848.3M
  • 2022 Number of Transactions 8
View more San Francisco market trends

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City San Francisco, CA
  • Neighborhood Financial District - Barbary Coast
  • Zip Code 94111
  • Market San Francisco

Points of Interest

  • California Street & Drumm Street

    0.02 miles

  • Taxi Stand at Hyatt Regency (along Drumm St)

    0.04 miles

  • California Street & Davis Street

    0.04 miles

  • Market Street & Drumm Street

    0.04 miles

  • Market Street & Main Street

    0.06 miles

  • Embarcadero

    0.07 miles

  • Taxi Stand at 101 California St Building (along Davis St)

    0.07 miles

  • California Street & Front Street

    0.11 miles

  • Clay Street & Drumm Street

    0.11 miles

  • Steuart Street & Don Chee Way

    0.16 miles

  • Bell Resources

    0.15 miles

  • Shell

    0.92 miles

  • Shell

    0.97 miles

  • Shell

    1.03 miles

  • Chevron

    1.22 miles

  • 76

    1.29 miles

  • Chevron

    1.44 miles

  • Shell

    1.64 miles

  • Volta HQ Charging Station

    1.79 miles

  • Chevron

    1.93 miles

  • Golden Gateway Garage

    0.15 miles

  • Embarcadero Center 1 Parking

    0.19 miles

  • ace parking

    0.21 miles

  • Palace Garage

    0.44 miles

  • Saint Mary's Square Garages

    0.45 miles

  • Portsmouth Square Plaza Garage

    0.46 miles

  • The White House Garage

    0.51 miles

  • Sutter Stockton Garage

    0.59 miles

  • Chinatown Parking

    0.62 miles

  • Jessie Square Garage

    0.63 miles

  • Hyatt Regency San Francisco

    0.07 miles

  • Hotel Vitale

    0.20 miles

  • Le Méridien

    0.22 miles

  • Club Quarters Hotel, San Francisco, Embarcadero

    0.23 miles

  • Hotel Griffon

    0.26 miles

  • Harbor Court Hotel

    0.27 miles

  • Omni San Francisco Hotel

    0.36 miles

  • Balmoral Hotel North # 3

    0.39 miles

  • Clayton

    0.40 miles

  • Pacific Tradewinds Hostel

    0.40 miles

  • Ziggy's Burger

    0.01 miles

  • Oasis Grill

    0.04 miles

  • Subway

    0.04 miles

  • Hong Kee & Kim

    0.04 miles

  • Ladle & Leaf

    0.05 miles

  • Chipotle

    0.05 miles

  • Onigilly

    0.06 miles

  • The Organic Coup

    0.07 miles

  • Harborview Go

    0.07 miles

  • Sushi Kinta

    0.08 miles

  • University of Phoenix

    0.20 miles

  • Golden Gate University

    0.34 miles

  • Saybrook University

    0.34 miles

  • Edwin and Anita Lee Newcomer School

    0.40 miles

  • City College of San Francisco Chinatown Annex

    0.42 miles

  • City College of San Francisco (CCSF) North Beach / Chinatown

    0.45 miles

  • Academy of Arts University

    0.47 miles

  • John Yehall Chin Elementary School

    0.49 miles

  • Kaplan

    0.51 miles

  • Cogswell College

    0.54 miles

  • Telegraph Hill Cooperative Nursery School

    0.76 miles

  • Mission Montessori

    1.69 miles

  • Golden Gate Kindergarten

    1.87 miles

  • Nihonmachi Little Friends

    1.91 miles

  • L'Academy

    1.94 miles

  • Infant & Toddler Center

    2.40 miles

  • facessf

    3.12 miles

  • Balboa Preschool

    3.88 miles

  • Little Angels

    3.94 miles

  • Sunshine Preschool

    4.18 miles

Frequently Asked Questions

What is the total square footage of 2-18 California Street & 7 Drumm Street?

2-18 California Street & 7 Drumm Street totals 37,586 square feet.

When was this property built?

2-18 California Street & 7 Drumm Street was built in 1908.

When was 2-18 California Street & 7 Drumm Street last sold?

2-18 California Street & 7 Drumm Street was last sold on 06 Aug, 1980.

What is the property tax for 2-18 California Street & 7 Drumm Street?

The property tax for 2-18 California Street & 7 Drumm Street in 2023-2024 was $93,651.

What is the market value for 2-18 California Street & 7 Drumm Street?

The market value* for 2-18 California Street & 7 Drumm Street in 2023-2024 was $7,952,094.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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