501-503 & 505-511
Laguna Street
San Francisco, CA 94102 · Hayes Valley
$4.7M
Asking Price
6.00%
Cap Rate
100%
Occupied
11
Units
Investment Highlights
Stabilized Income,
Historic Character
A rare two-building, two-parcel opportunity at the heart of Hayes Valley. 501-503 and 505-511 Laguna Street comprises six residential apartments and four commercial tenants, delivering strong in-place income with a 6.00% cap rate and 100% occupancy.
Built in 1885, these Victorian-era structures offer the character and charm of San Francisco's most walkable neighborhood, combined with the financial performance investors seek. Triple-net leases and credit-rated tenants minimize management intensity while maximizing long-term value.
Key Property Data
- Asking Price
- $4,700,000
- Cap Rate
- 6.00%
- Pro-Forma Cap Rate
- 6.06%
- NOI
- $282,091
- Pro-Forma NOI
- $285,000
- Total Units
- 11
- Occupancy
- 100%
- Year Built
- 1885
- Square Footage
- 3,300 – 4,755 sq ft
- Lot Size
- 1,375 – 1,925 sq ft
- Lease Type
- NNN
- Number of Tenants
- 10
- Tenant Credit
- Credit Rated
- Buildings
- 2
- Stories
- 3
- Zoning
- Hayes Code
- Property Type
- Mixed Use / Multifamily / Retail
- Ground Lease
- No
Property Tour
Walk Through the Listing
This marketing video uses CGI for visual effects and composition; verify property details independently.
Investment Thesis
Why Hayes Valley Is San Francisco's Premier Investment Neighborhood
Investors buy locations. Hayes Valley is one of San Francisco's most supply-constrained, walkable, and transit-rich neighborhoods, a combination that's nearly impossible to replicate and consistently commands premium rents.
Walk Score 99: A Neighborhood That Sells Itself
Hayes Valley ranks among the most pedestrian-friendly neighborhoods in all of San Francisco. Residents walk to daily necessities, dining, and entertainment. For investors, that means lower vacancy risk and tenants who stay.
Transit Access That Connects Everything
BART at Civic Center/UN Plaza, five minutes on foot. Multiple Muni lines. Tech shuttle corridors. For tenants and future buyers, connectivity to the broader Bay Area is seamless. And that accessibility holds value in any market cycle.
A Restaurant District That Attracts Quality Tenants
Hayes Valley is home to some of San Francisco's most celebrated restaurants and shops: Absinthe Brasserie, Salt & Straw, Souvla, La Boulangerie de San Francisco. This isn't a neighborhood waiting for tenants. It's one where quality businesses compete for space and pay for the privilege.
Cultural Gravity
Steps from the Civic Center, Symphony, Opera, Ballet, and SFJAZZ. Patricia's Green anchors the outdoor lifestyle. Alamo Square minutes away. This is a neighborhood with gravity. People want to be here, and that demand is durable.
A Transformation Story With Staying Power
Since the Central Freeway demolition in the early 2000s, Hayes Valley has undergone one of San Francisco's most dramatic urban renewals. Former freeway land became parks, retail, and housing, turning a blighted corridor into the city's most desirable pocket. The infrastructure investment is already made. Investors get to benefit from it.
What This Means for This Investment
- 100% occupancy reflects a neighborhood where demand consistently outpaces supply
- Four diversified commercial tenants reduce concentration risk
- San Francisco has not added meaningful new inventory in years. An already tight market is getting tighter
- Long-term appreciation is anchored by walkability, transit, and cultural infrastructure, not speculative development
- Exchange opportunities considered
For more than thirty years, these buildings have quietly served one of San Francisco's most vibrant neighborhoods. Today they provide diversified, stable income while offering investors long-term ownership in one of the city's most supply-constrained locations.
Request the Offering Memorandum
Location
Prime Hayes Valley
Walk Score: 99. Transit Score: 94. Bike Score: 86. This is one of San Francisco's most connected and sought-after neighborhoods, just steps from Civic Center BART and surrounded by award-winning restaurants, independent shops, and Patricia's Green.
99
Walk Score
94
Transit Score
86
Bike Score
Your Agent
Peter Kane
Kane Corporation · Atherton, CA
An advisory-first approach to commercial and investment real estate. Peter Kane and Kane Corporation serve clients nationally with deep expertise in San Francisco's mixed-use and multifamily markets.
11 Units. 100% Occupied. Strong Cap Rate.
This is the kind of stabilized, income-producing asset that holds its value.
Request Offering Memorandum