381 Broadway, San Francisco, CA 94133
Local realty services provided by:CENTURY 21 Masters
381 Broadway,San Francisco, CA 94133
$7,500,000
- - Beds
- - Baths
- 17,205 sq. ft.
- Multi-family
- Active
Listed by: nico toracca, gino v franco
Office: marcus & millichap
MLS#:426121044
Source:CABCREIS
Price summary
- Price:$7,500,000
- Price per sq. ft.:$435.92
About this home
381 Broadway is a mixed‑use investment ideally located just outside Jackson Square, one of San Francisco's most desirable and supply‑constrained submarkets. Situated steps from the Transamerica Pyramid and a stone's throw from neighborhood icons such as Cotogna and Blue Bottle Coffee, the property sits at the intersection of North Beach, Chinatown, and the Financial Districtbenefiting from strong pedestrian traffic, limited new supply, and enduring housing demand. The property consists of a 42‑room Residential Hotel (SRO) above a large, street‑level commercial space, providing diversified income from two complementary uses. The ground‑floor commercial space is occupied by Centerfolds, a long‑standing neighborhood legacy business that has operated along the Broadway corridor for over 40 years. The tenant executed a new 10‑year lease in late 2025, offering long‑term income stability and approximately one‑third reimbursement of property taxes, reducing operating expenses and enhancing cash‑flow. The residential hotel has been owned and conservatively operated by the seller's family for nearly 50 years, spanning two generations. Pride of ownership is evident throughout, with extensive upgrades to lighting, flooring, and other interior improvements. Additional amenities include on‑site coin‑operated laundry for the residential hotel. The seller is offering the property with 17 vacant units, creating a compelling value‑add opportunity for a new owner to implement updated marketing, improve occupancy, and drive future revenue growth. The building as a whole has benefited from substantial capital investment totaling over $400,000, including a completed seismic retrofit, upgraded fire alarm system with horns, full sprinkler coverage, and new double‑paned energy‑efficient windows throughout. A unique physical advantage is the building's accessibility from three sides, allowing for efficient maintenance, future renovations, and capital improvements. Conveniently located and backed by stabilized long‑term commercial income from a legacy tenant, 381 Broadway represents a compelling opportunity to acquire a well‑maintained mixed‑use asset with built‑in stability and upside. With existing residential vacancy, a new owner is positioned to control tenancy, shape the future of the property, and execute a long‑term investment vision....
Contact an agent
Home facts
- Year built:1909
- Listing ID #:426121044
- Added:90 day(s) ago
- Updated:July 28, 2026 at 03:14 PM
Rooms and interior
- Rooms Total:42
- Living area:17,205 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1909
- Building area:17,205 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$7,500,000
- Price per sq. ft.:$435.92
Features and amenities
- Laundry features:Coin Operated Laundry, Common Area
New listings near 381 Broadway
- Open Thu, 10 to 11:30amNew
$3,000,000Active4 beds 3 baths2,692 sq. ft.3052 Sacramento Street, San Francisco, CA 94115
MLS# 426149695Listed by: GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY - New
$1,799,000Active-- beds -- baths7,654 sq. ft.669 Ellis Street, San Francisco, CA 94109
MLS# 426149887Listed by: SKYGROUP REALTY INC. - Open Sat, 2 to 4pmNew
$6,500,000Active5 beds 5 baths3,893 sq. ft.1970-1972 Jefferson Street, San Francisco, CA 94123
MLS# 426149141Listed by: COMPASS - Open Tue, 11am to 1pmNew
$1,395,000Active2 beds 2 baths1,188 sq. ft.200 4th Avenue, San Francisco, CA 94118
MLS# 426149588Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$15,000,000Active-- beds -- baths36,700 sq. ft.935 Kearny Street, San Francisco, CA 94133
MLS# 426149784Listed by: COLLIERS INTERNATIONAL - Open Tue, 11am to 1pmNew
$2,315,000Active4 beds 4 baths2,152 sq. ft.202 4th Avenue, San Francisco, CA 94118
MLS# 426149790Listed by: SOTHEBY'S INTERNATIONAL REALTY - Open Tue, 11am to 1pmNew
$15,500,000Active22 beds -- baths15,137 sq. ft.200-214 4th Avenue, San Francisco, CA 94118
MLS# 426149798Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$1,199,900Active8 beds 7 baths2,200 sq. ft.217 Holloway Avenue, San Francisco, CA 94112
MLS# 426144267Listed by: PRIME MERIDIAN REALTY & MORTGAGE - Open Sun, 11am to 1pmNew
$1,190,000Active4 beds 4 baths3,240 sq. ft.445 Lawton Street, San Francisco, CA 94122
MLS# 426149525Listed by: FIRST NATIONAL REALTY - New
$3,000,000Active1 beds 1 baths3,792 sq. ft.724 Valencia Street, San Francisco, CA 94110
MLS# 426149738Listed by: SOTHEBY'S INTERNATIONAL REALTY