1538 1544 Polk Street
San Francisco, CA 94109
- – beds
- – baths
- 14,160 sqft
- 4,721 sqft lot
- $420 per sqft
- 1907 build
- – on site
1538-1544 Polk Street is a mixed-use (hotel + retail) property in the Nob Hill/Polk Gulch neighborhood of San Francisco. The three-story property features three (3) retail units on the ground floor and a 40-unit SRO/hotel above that is master leased to an operator, Shirley Hotels''. Of the 40 rooms, 21 are SRO units, 7 are SRO with partial baths, 9 are tourist/transient and 3 are for manager use. The SRO units without bathrooms share 3 common area bathrooms. Two of three retail units are occupied by a tuxedo retailer and a foot massage service. The 40 room hotel is currently month-month. A savvy investor may renegotiate the lease or operate the hotel to significantly increase cash flow. The property is in a central location of the Polk Street commercial corridor in Nob Hill. The street is famous for its historic architecture, Michelin-rated cuisine, and abundant retail amenities. It is an exceptional location for this type of property due to its walkability and easy access to public transit. The investment appeal of this property is its location in San Francisco's most desirable neighborhood and its significant upside potential. Proforma CAP 5% based on vacant units rented at market rents.
Last checked:
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Last updated Jan 31, 2025
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MLS# 425007372 —
The Building
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Year Built:1907
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Building Area Total:14160
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Building Area Units:Square Feet
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Building Area Source:Assessor Auto-Fill
Room Dimensions
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Living Area:14160
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Living Area Units:Square Feet
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Living Area Source:Assessor Auto-Fill
Location
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Cross Street:Sacramento
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Latitude:37.79119499999999
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Longitude:-122.420548
The Property
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Parcel Number:0644016
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Property Type:Residential Income
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Property Subtype:Mixed Use
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Lot Features:Shape Regular
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Lot Size Area:4721.904
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Lot Size Acres:0.1084
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Lot Size Square Feet:4721.904
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Lot Size Units:Square Feet
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Irrigation Water Rights:false
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Elevation Units:Feet
Listing Agent
- Contact info:
- No listing contact info available
The Community
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Association:false
Parking
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Garage:false
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/30/25
Jan 30, 2025
|
Listed / Active | SFMLS | $5,950,000 |
