225 Ellis Street – San Francisco, CA 94102
Offered at: $4,500,000 | 16 Units + Retail | Union Square
225 Ellis Street presents a rare mixed-use investment in the heart of downtown San Francisco. This fully operational property features 16 furnished SRO studio units (15 operated as month-to-month Airbnb rentals, 1 long-term tenant) plus a ground-floor restaurant leased at $10,500/month, delivering stable income and long-term upside.
Investment Highlights
Mixed-Use Asset
• 2,200 SF ground-floor restaurant leased at $10,500/month (gross)
• 16 furnished SRO studios on upper floors, 15 operated as month-to-month Airbnb rentals and 1 leased long-term, including a bonus corner unit with private bath
Renovated & Turnkey
• New energy-efficient windows and upgraded electrical panel
• Fresh flooring, paint, and vanities in each unit
• Renovated communal kitchen, bathrooms, and showers
• High-speed internet included for tenants
Income Potential
• Established Airbnb model with strong short-term rental demand
• Proforma gross income up to ~$46,100/month
• Projected NOI approaching ~$39,000/month
Prime Location
• Steps from Union Square and Market Street
• Excellent access to BART, Muni, shopping, and dining
• High-demand corridor for affordable housing and small businesses