387 Tehama Street, San Francisco, CA 94103
Local realty services provided by:CENTURY 21 Masters
387 Tehama Street,San Francisco, CA 94103
$9,950,000
- 4 Beds
- 6 Baths
- 1,384 sq. ft.
- Condominium
- Active
Listed by: dominic morbidelli
Office: maven commercial, inc.
MLS#:426153530
Source:CABCREIS
Price summary
- Price:$9,950,000
- Price per sq. ft.:$7,189.31
- Monthly HOA dues:$6,263
About this home
Masterfully designed by world-renowned designer Ken Fulk, 387 Tehama combines 7 live/work condo units into one one-of-a-kind 11,800 SF property, now offered as a 100% leased NNN investment at a 7.35% cap rate with potential for future owner-user occupancy. The space comfortably hosts a tech team of 60 or a cocktail event for 150. Soaring sawtooth ceilings and a wall of windows flood the space in natural light, with custom furnishings throughout. Fully leased to MTS Live on a new NNN lease at $62.00/SF ($731,600/yr) with 3% annual increases, expiring January 2030. With no renewal options, the lease offers strong in-place income today and a clear path for an owner-user to occupy the building in the future. FF&E included; landlord retains ownership. Features 4 conference rooms, 4 meeting rooms/bedrooms, 2 full & 3 half baths, elevator access, 36 workstations, a wet bar, two kitchens, an IT room, and a secure garage with 6 exclusive parking spaces. Zoned C-3-S with live/work. Steps to Downtown, Union Square, BART/MUNI, and direct freeway access via 5th Street. Few SF properties offer this design pedigree, in-place income, and flexibility. Buyer to independently confirm zoning/use. Tenant occupied; showings by appointment only, do not disturb tenant....
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Home facts
- Year built:1996
- Listing ID #:426153530
- Added:78 day(s) ago
- Updated:October 28, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:6
- Full bathrooms:2
- Half bathrooms:4
- Rooms Total:7
- Living area:1,384 sq. ft.
Structure and exterior
- Year built:1996
- Building area:1,384 sq. ft.
- Lot area:0.49 Acres
- Levels:3 Stories or More
Finances and disclosures
- Price:$9,950,000
- Price per sq. ft.:$7,189.31
Parking
- Total parking spaces:6
- Parking description:Attached, Covered, On Site - Mapped (Condo Only), Side By Side
- Garage:Yes
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