- For Sale $2,588,000
- Property Type Other
- Property Size 4,765 SF
- Lot Size 2,500 SF
- Year Built 1914
- Date Updated Jul 12, 2025
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. With a high-demand unit mix, strong in-place income, and location within walking distance of major transit options, tech shuttles, and downtown amenities, 449-451 9th Street delivers immediate cash flow with meaningful potential for future growth in one of San Francisco’s most active rental submarkets.
For Sale
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
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Walk Score ®
98/100
Walker's Paradise
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Transit Score ®
98/100
Rider's Paradise
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Bike Score ®
99/100
Biker's Paradise
- City San Francisco, CA
- Neighborhood South of Market
- Zip Code 94103
- Market San Francisco
Points of Interest
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Taxi Stand at BEI Hotel
0.48 miles
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Market Street & 9th Street
0.54 miles
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Market Street & Larkin Street
0.54 miles
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Market Street & 8th Street
0.55 miles
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Market & 8th St
0.55 miles
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Market & Hyde St
0.56 miles
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Civic Center
0.57 miles
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Market Street (1100 Block)
0.57 miles
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United Nations Plaza
0.59 miles
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Van Ness
0.59 miles
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Chevron
0.43 miles
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Volta HQ Charging Station
0.48 miles
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Shell
0.52 miles
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76
0.55 miles
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EVgo
0.61 miles
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Arco
0.66 miles
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Gas & Shop
0.72 miles
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Tesla Destination Charger
1.43 miles
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Electrify America
1.46 miles
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San Francisco, CA - Geary Boulevard Supercharger
2.18 miles
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Costco
0.16 miles
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Costco Parking
0.16 miles
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Best Buy Parking
0.29 miles
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7th St./Harrison Lot
0.31 miles
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Indoor Public Parking
0.34 miles
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Metro @ Showplace Square Garage
0.35 miles
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Public Parking
0.46 miles
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Enforcement lot
0.49 miles
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Enterprise Car Rental Parking
0.55 miles
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Gus's Parking
0.60 miles
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San Francisco Inn
0.08 miles
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Civic Center Motor Inn
0.10 miles
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Inn on Folsom
0.24 miles
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Americas Best Value Inn & Suites SOMA
0.25 miles
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City Center Inn & Suites
0.35 miles
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Signature Hotel S.F.
0.37 miles
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European Hostel
0.37 miles
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SoMa Park Inn Civic Center
0.40 miles
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Ram’s Hotel
0.43 miles
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Poter Hotel
0.44 miles
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Sunrise Cafe
0.08 miles
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Beyond Cafe
0.09 miles
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Publico Urban Taqueria
0.12 miles
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AK Subs
0.14 miles
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Ushi Taro Ramen
0.17 miles
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Northern China BBQ
0.19 miles
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DNA Pizza
0.21 miles
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Bellota
0.22 miles
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Basil Thai Resaurant & Bar
0.23 miles
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El Pípila
0.23 miles
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Presidio Knolls School
0.27 miles
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Bessie Carmichael Elementary School
0.33 miles
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California Institute of Integral Studies
0.42 miles
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Academy of Art University - School of Motion Pictures & Television
0.55 miles
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Academy of Art University
0.55 miles
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Minerva Schools at KGI
0.56 miles
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California College of the Arts
0.57 miles
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San Francisco Conservatory of Music
0.66 miles
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Marshall Elementary School
0.67 miles
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Potrero Hill Montessori
0.67 miles
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L’Academy
0.15 miles
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Project Commotion
0.57 miles
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Mission Montessori
0.62 miles
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Compass Children's Center
0.76 miles
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Yerba Buena Gardens Child Development Center
0.84 miles
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Happy Trails
0.88 miles
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Mio Preschool Too
0.93 miles
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Faces SF Hayes Valley Child Development Center Infant and Toddlers
1.00 miles
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SOMA Daycare & Preschool
1.01 miles
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Mary Lane Infant & Toddler Center
1.07 miles
Frequently Asked Questions
The space currently listed for sale at For Sale | 449-451 9th Street asks for $2,588,000.
For Sale | 449-451 9th Street totals 4,765 square feet.
For Sale | 449-451 9th Street was built in 1914.
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