About 1035 Stockton Street
This prime mixed-use property, in the heart of San Francisco's Chinatown, offers diverse income streams with 39 SRO units, 10 prime retail spaces, and 9 on-site parking spots. The property is comprised of 10 commercial units on the ground level, 39 SRO units on level two and three and a parking area in the rear for 9 cars. Each SRO has two rooms with a kitchen. There is a total of 20 toilets and 20 showers that are shared, with two SRO units, to one toilet and one shower. 7 SRO units will be delivered vacant. The building is fully sprinklered and has up to date sounders. Ten prime retail spaces are located at the corner of Stockton and Jackson, Chinatown's epicenter. All the retail spaces are fully leased. The parking area is at the rear of the property with easy access from Jackson Street. With an in-place cap rate of 8.65% and a projected cap rate of 9.68%, savvy investors are sure to benefit from this property's stable income and prime location in a thriving commercial and cultural hub.
