515 Ofarrell St

San Francisco, CA
$ 7,000,000 Beds 0 Baths 0 Sq 25,896
Monthly Estimate* How much can I afford?

Significant Price Reduction! First time on the market in 49 years, this 46-unit mixed-use flagship trophy asset offers an outstanding investment opportunity in San Francisco's core corridor. Delivering an 8.37% actual in-place cap rate, the property is offered at approximately $152,174 per unit and $270 per square foot, well below estimated replacement cost. The 100% occupied asset consists of 45 studio apartments, one ground-floor commercial space, and seven garage spaces. The high-rise fire sprinkler upgrade is approximately 90% complete, with the balance to be completed prior to close of escrow. Additional value includes approximately $190,000 in annual rental upside, $46,947 in documented banked rent increases, Fannie Mae and Freddie Mac approved, no mandatory soft-story retrofit, located within a Federal New Markets Tax Credit (NMTC) Census Tract. Ideally situated near Union Square, Powell BART/MUNI, and major hotels. Offering Memorandum available upon request.

Active

  • Price
  • $ 7,000,000
  • City
  • San Francisco
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • San Francisco
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.1 Acres
  • Zip
  • 94102
  • Sqr Footage
  • 25,896
  • Year Built
  • 1926
  • Style
  • Highrise (7+ Flrs)
  • MLS#
  • 41128295
Listed By: Aida Molina-Polle with The Agency; 510-871-0177
Data Source: Bay East MLS, CCAR MLS, or bridgeMLS

Features

General

Living Area 25896
Heating Wall Furnace
Cooling None
Roof Elastomeric
Zoning RC4
Construction Materials Concrete
Year Built 1926
Property Subtype Highrise (7+ Flrs)
County San Francisco
Property Type Commercial Sale
HOA false
Subdivision Name Civic Center
Garage Y/N false
Status Active
Directions Use GPS.
City San Francisco
MLS Area Listing
Lot Size Square Feet 4534
Standard Status Active

Interior Features

Interior Amenities Elevator
Flooring Concrete,Vinyl
Air Conditioning Y/N false
Heating Y/N true

Exterior Features

Parking Features Assigned
Lot Features Other
Water Source Public,Meter on Site
Lot Size Area 4534
Building Area Total 25896
Lot Size Acres 0.1
Other Equipment Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Newark, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/31/2026 Listed $10,500,000
8/3/2026 33% - $7,000,000

Property vs Zip Code Average in 94102

Price
AVG $7M
$7M
Year Built
AVG 1926
1926

Areas That We Cover

515 Ofarrell St San Francisco, CA is a Single Family Home for sale at $7000000 with 25896 sqft and a lot size of 0.1 Acres Acre(s). 515 Ofarrell St San Francisco has 0 bedrooms, 0 baths and was built in 1926. The property's zip code is 94102 which is in San Francisco, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.