19 Joost Ave - Multi-Family FOR SALE


San Francisco, CA 94131- Sunnyside
$1,350,000 USD
408-373-6195
19 Joost Ave, San Francisco, CA for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/18
null | 5.07% Cap Rate

19 Joost Ave
San Francisco, CA 94131
Sunnyside


HIGHLIGHTS

  • Rare mixed-use asset in San Francisco’s premier Glen Park neighborhood
  • 1 vacant ground-floor commercial space (1,390 SF), 1 one-bedroom/two-bathroom unit (980 SF), and 1 two-bedroom/one-bathroom unit (1,140 SF).
  • Unmatched Transit Connectivity: One block from Glen Park BART, multiple Muni lines, and convenient access to I-280 and Highway 101 — one of San Franci
  • Recently named one of the “coolest neighborhoods in the world” by Time Out Magazine
  • Vacant commercial space provides ideal investor or owner-user optionality
  • NC-2 zoning allows a wide range of neighborhood-serving retail, professional office, and service uses, offering flexibility for investors and owner-us

OVERVIEW

19 Joost Avenue presents a rare mixed-use investment opportunity in the highly desirable Glen Park neighborhood of San Francisco. Positioned approximately one block from Glen Park Village and Glen Park BART, the property offers a compelling combination of stable in-place income, long-term rental growth, and immediate owner-user optionality. The building consists of approximately 3,510 square feet situated on a 1,589 square foot lot and includes one ground-floor commercial space and two residential units. The residential configuration features a one-bedroom/two-bathroom unit and a two-bedroom/one-bathroom unit, both with private balconies. The ground-floor commercial space is currently vacant, creating immediate strategic flexibility for a new owner. An investor may lease the space at market rents to significantly increase income, while an owner-user has the opportunity to operate their own business from the property and effectively subsidize occupancy costs through the income generated by the residential units. The NC-2 zoning designation allows for a wide range of neighborhood-serving retail, office, and service uses, further enhancing long-term adaptability. Located in one of San Francisco’s most transit-oriented neighborhoods, the property benefits from immediate access to Glen Park BART, multiple Muni lines, and convenient connectivity to I-280 and Highway 101. Surrounded by multi-million dollar homes, Glen Park Village offers a vibrant collection of restaurants, cafes, and boutique retail, while nearby parks and open space provide strong lifestyle appeal. Recently rated as one of the coolest neighborhoods in the world by Time Out magazine, Glen Park's combination of transit access, walkability, and residential charm continues to support strong tenant demand. The combination of stable in-place income, rent growth, flexible commercial zoning, and proximity to multiple transit options make 19 Joost Avenue an attractive opportunity for both the cash-flow and appreciation-minded investors, as well as business owner-users seeking a home for their business while receivcing rental income from the residential units. 19Joostave.com

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$385 USD /SF

# OF UNITS

3

PRICE/UNIT

$450,000

CAP RATE

5.07%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Glen Park Mixed-Use Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Nc2

APN/PARCEL ID

6768-003

ASK ABOUT THIS PROPERTY

Ismael BenhamidaCompass CommercialMore Info
408-373-6195

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Ismael BenhamidaCompass CommercialMore Info
408-373-6195

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