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3842-3854 Geary Blvd 5 Unit Apartment Building $6,550,000 ($1,310,000/Unit) 5.19% Cap Rate San Francisco, CA 94118


Investment Highlights
- Fully occupied mixed-use investment with commercial and residential income.
- Ground-floor restaurant tenancy provides established commercial occupancy.
- Situated in San Francisco's Inner Richmond neighborhood.
- Corner location along Geary Boulevard with prominent street visibility.
- Five residential units create diversified revenue sources.
- Convenient access to transit, neighborhood retail, and major commuter routes.
Executive Summary
3854 Geary Boulevard presents the opportunity to acquire a fully occupied mixed-use asset in San Francisco's Inner Richmond neighborhood. Constructed in 1909, the property contains a ground-floor commercial component occupied by Bella Trattoria restaurant and bar together with five residential rental units on the second floor. The building occupies a corner location along Geary Boulevard, one of San Francisco's primary east-west commercial corridors, providing strong visibility and access to neighborhood retail, dining, transit services, and major commuter routes.
The property benefits from a diversified income stream supported by both commercial and residential tenancy. The residential component includes multiple larger apartment layouts, while the commercial space is occupied by a long-standing restaurant operator. Full occupancy provides immediate in-place income and operational continuity for an investor seeking a stabilized asset in an established urban neighborhood.
Located in the Richmond District, the property is positioned within a dense residential and commercial environment that supports ongoing demand for both housing and neighborhood-serving retail. Access to public transportation, nearby shopping destinations, local services, and major transportation routes contributes to the property's long-term functionality and tenant appeal. The NC3 zoning designation further enhances the property's relevance within one of San Francisco's established mixed-use commercial corridors.
With historic character, a corner location, stable occupancy, and an established tenant mix, the property offers investors a well-located income-producing asset within a mature San Francisco market.
The property benefits from a diversified income stream supported by both commercial and residential tenancy. The residential component includes multiple larger apartment layouts, while the commercial space is occupied by a long-standing restaurant operator. Full occupancy provides immediate in-place income and operational continuity for an investor seeking a stabilized asset in an established urban neighborhood.
Located in the Richmond District, the property is positioned within a dense residential and commercial environment that supports ongoing demand for both housing and neighborhood-serving retail. Access to public transportation, nearby shopping destinations, local services, and major transportation routes contributes to the property's long-term functionality and tenant appeal. The NC3 zoning designation further enhances the property's relevance within one of San Francisco's established mixed-use commercial corridors.
With historic character, a corner location, stable occupancy, and an established tenant mix, the property offers investors a well-located income-producing asset within a mature San Francisco market.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$448,634
|
$41.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$448,634
|
$41.87
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $448,634 |
| Annual Per SF | $41.87 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $448,634 |
| Annual Per SF | $41.87 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1434-020 | Improvements Assessment | $2,049,084 |
| Land Assessment | $3,073,635 | Total Assessment | $5,122,719 |
Property Taxes
Parcel Number
1434-020
Land Assessment
$3,073,635
Improvements Assessment
$2,049,084
Total Assessment
$5,122,719
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3842-3854 Geary Blvd
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