San Francisco, CA 94102,225 Jones ST
San Francisco, CA 94102,225 Jones ST
San Francisco, CA 94102,225 Jones ST
San Francisco, CA 94102,225 Jones ST
San Francisco, CA 94102,225 Jones ST
San Francisco, CA 94102,225 Jones ST
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Listed by Mark Fry Maven Commercial, Inc.

$2,025,000

$2,450,000

17.3%
Est.Price: ?

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Est. payment /mo

9,420 SqFt


SOLD DATE : 02/12/2025

Key Details

Sold Price $2,025,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 9,420 sqft

Price per Sqft $214

MLS Listing ID 424050627

Sold Date 02/12/25

HOA Y/N No

Year Built 1925

Lot Size 4,120 Sqft

Acres 0.0946

Property Sub-Type Mixed Use

Property Description

225 Jones St is a 20-Unit mixed-use Multifamily building located in the Tenderloin. It is an excellent renovation opportunity with substantial upside for investors who are motivated. It consists of 16 large studio apartments, ranging in size from +/- 350-400 square feet each. 14 of the studios are currently vacant. On the ground level, there are 4 commercial spaces, two of which are occupied by a city favorite, Yemen Kitchen and the other, by the popular Hung Phat Bakery, both are on month-to-month basis. The building is located just around the corner from the Tenderloin Police Station. There is an impressive return on investment for buyers who are ready to renovate and stabilize the asset. Market rents for the renovated studios range between $1,300-$1,400 a month while the commercial spaces command +/1 $1,700 a month. The adjacent apartment building has high occupancy and attracts many interested tenants because of its attractive price point. Our firm has recently placed 5 commercial Tenants in the Tenderloin ranging from nonprofits to small retailers. We currently represent 15+ commercial spaces in the Tenderloin and have been filling properties quickly as interest is high.

Location

State CA

County San Francisco

Area Sf District 8

Zoning RC4

Interior

Fireplace No

Building

Lot Description Other

Story 3

Foundation Concrete

Level or Stories Three Or More

New Construction Yes

Others

Tax ID 0338002

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Anna Spathis & Dennis Stavropoulos

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