179 Julian AVE new Save Request In-Person Tour Request Virtual Tour
San Francisco,CA 94103
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 6,960 sqft
Price per Sqft $718
MLS Listing ID ML82006150
Year Built 1915
Lot Size 2,520 Sqft
Property Sub-Type Commercial Property
Property Description
The Kailash Hotel at 179 Julian Avenue is a 37-unit legal SRO in San Francisco's Mission District, featuring 27 fully furnished rental units and 10 support units for management and storage. The property maintains near-full occupancy and generates stable monthly income from long-term tenants. Centrally located near BART, Muni, restaurants, and retail, it offers strong renter demand in a high-transit area. The three-story building with basement has undergone major upgrades, including a 2021 roof replacement, full seismic retrofit, HD security cameras, fire sprinklers, and energy-efficient lighting. Units include cable TV, WiFi, refrigerators, microwaves, and ceiling fans. Shared laundry and onsite staff enhance operational ease and tenant satisfaction. Zoned RM-3 and fully compliant as an SRO, the property qualifies for SBA financing and 1031 exchange. This is a rare opportunity to acquire a stabilized, low-maintenance, cash-flowing asset in a prime San Francisco location.
Location
State CA
County San Francisco
Area 9 - Inner Mission
Zoning RM3
Rooms
Other Rooms Laundry Room,Office Area,Storage
Interior
Heating Electric
Cooling Ceiling Fan
Flooring Tile,Vinyl / Linoleum
Exterior
Exterior Feature Storage Shed / Structure
Parking Features No Garage,No Parking,On Street
Utilities Available Master Meter ,Public Utilities
Roof Type Composition
Present Use Hotel/Motel
Building
Story 3
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Level or Stories 3
Others
Restrictions Other
Tax ID 3554-040
Miscellaneous High Ceiling ,Security Gate
Security Features Security Gate with Guard,Video / Audio System,Other
Special Listing Condition Not Applicable