1398 California St - Hospitality FOR SALE


San Francisco, CA 94109- Nob Hill
$6,000,000 USD
415-516-9843
1398 California St, San Francisco, CA for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/3
null | 4.55% Cap Rate

1398 California St
San Francisco, CA 94109
Nob Hill


OVERVIEW

1388–1398 California Street is a fully occupied commercial property positioned at the prominent corner of California and Hyde in the heart of Nob Hill. The property is home to five commercial tenants, anchored by the Cable Car Hotel—a 70-room operation with 19 tourist hotel rooms and 51 SRO rooms—secured under a master lease through 2033. Additional tenants include a bar, a cannabis dispensary, a florist, and a contractor. The bar and dispensary hold three and four years of remaining lease term, while the florist and contractor operate month-to-month. This offering provides investors with a stable, income-producing asset with notable upside, particularly for hotel operators. Its high-visibility location and strong neighborhood presence position it well to benefit from San Francisco’s continued economic recovery.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$231 USD /SF

# OF ROOMS

5

PRICE/ROOM

$1,200,000 {currency}

CAP RATE

4.55%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cable Car Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

POLK

APN/PARCEL ID

0248-014

ASK ABOUT THIS PROPERTY

Adam FillyCompass CommercialMore Info
415-516-9843

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Adam FillyCompass CommercialMore Info
415-516-9843

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.