381 Broadway, San Francisco, CA 94133
Local realty services provided by:CENTURY 21 Baldini Real Estate, Inc.
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:137 day(s) ago
- Updated:September 13, 2026 at 03:01 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
- Coming Soon
$2,195,000Coming Soon3 beds 2 baths2,074 sq. ft.2404 Divisadero St, San Francisco, CA 94115
MLS# 41147702Listed by: EXP REALTY OF CALIFORNIA, INC - Coming Soon
$999,000Coming Soon3 beds 2 baths1,975 sq. ft.1423 Quesada Ave, San Francisco, CA 94124
MLS# 41146818Listed by: COMPASS - Coming Soon
$1,298,000Coming Soon3 beds 2 baths1,140 sq. ft.1330 Mason St, San Francisco, CA 94117
MLS# 41146700Listed by: INTERO REAL ESTATE SERVICES - Open Tue, 11am to 1pmNew
$1,048,888Active2 beds 2 baths1,500 sq. ft.1200 Gough St #3A, San Francisco, CA 94109
MLS# 41147896Listed by: COMPASS - Open Tue, 9am to 4pmNew
$440,000Active-- beds 1 baths357 Vallejo Street #361A, San Francisco, CA 94131
MLS# 426162383Listed by: EXP REALTY OF NORTHERN CALIFORNIA, INC. - Open Tue, 1 to 3pmNew
$1,395,000Active6 beds 5 baths2,389 sq. ft.1353 48th Avenue, San Francisco, CA 94122
MLS# 426160871Listed by: VANGUARD PROPERTIES - New
$1,098,000Active2 beds -- baths2,808 sq. ft.4837 Mission Street, San Francisco, CA 94112
MLS# ML82061101Listed by: KUIPER REAL ESTATE TEAM CORP - Open Sun, 2 to 4pmNew
$615,000Active2 beds 1 baths809 sq. ft.2225 23rd Street #205, San Francisco, CA 94107
MLS# 426141491Listed by: COMPASS - Open Tue, 9 to 11amNew
$549,000Active1 beds 1 baths706 sq. ft.650 Turk Street #402, San Francisco, CA 94102
MLS# 426149269Listed by: VANGUARD PROPERTIES - Open Sun, 2 to 4pmNew
$4,750,000Active7 beds 7 baths5,296 sq. ft.674 23rd Avenue, San Francisco, CA 94121
MLS# 426162304Listed by: COMPASS