Skip To Content
    Return to Previous Page

    706 Kearny Street

    San Francisco, CA 94108
    • $5,000,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 421518507
    UPDATED: 62 min ago
    $5,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    The Portsmouth Hotel, 706 Kearny Street, consists of 36 Single-Room Occupancy (SRO) residential hotel rooms. The owners have subdivided this parcel, allowing the residential portion of the property to be sold separately from the retail component of the building. This will allow a new SRO operator to take over a highly-upgraded asset without the complexities of managing commercial and retail tenants in this economy. The owners have spent approx. $2.6M on Capital Improvements. The property is being offered in conjunction with the adjacent 108 room SRO at 668 Clay St. These assets can be purchased together or separately.

    Monthly Payment Calculator



    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-03-07T00:19:54.617.
    www.sfhothomes.com/homes/114120049
    Print Image

    706 Kearny Street San Francisco, CA 94108

    • Price: $5,000,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 421518507
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1912
    Built
    Neighborhood:
    Sf District 8
    County:
    San Francisco
    Area:
    Sf District 8
    Property Description
    The Portsmouth Hotel, 706 Kearny Street, consists of 36 Single-Room Occupancy (SRO) residential hotel rooms. The owners have subdivided this parcel, allowing the residential portion of the property to be sold separately from the retail component of the building. This will allow a new SRO operator to take over a highly-upgraded asset without the complexities of managing commercial and retail tenants in this economy. The owners have spent approx. $2.6M on Capital Improvements. The property is being offered in conjunction with the adjacent 108 room SRO at 668 Clay St. These assets can be purchased together or separately.
    Exterior Features

    Independent Parking Spaces 0 Lot Features None Parking Features None Parking Total 0 Tandem Parking Spaces 0

    Interior Features

    Rooms Total 36 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

    Property Features

    Cap Rate 4.8 Number Of Units Vacant 28 Property Sub Type 5 Or More Units Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 36 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 0 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit1 Type Studio Unit2 Identification Sro Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

    Listing provided courtesy of Adam Filly of Compass.


    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-03-07T00:19:54.617.
     
    https://bt-photos.global.ssl.fastly.net/sanfran/1280_boomver_1_530180880-2.jpg https://bt-photos.global.ssl.fastly.net/sanfran/1280_boomver_1_530180880-2.jpg https://bt-photos.global.ssl.fastly.net/sanfran/1280_boomver_1_530180880-2.jpg
    Logo
    Keller Williams San Francisco
    1624 California Street
    San Francisco CA, 94109