Listed by Touchstone Commercial Partners
$4,400,000
1338-1348 Larkin Street
Details
APN 0250/015
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,949
Units 6
Cap Rate 4.41%
NOI $194,051
Pro-Forma Cap Rate 5.78%
Pro-Forma NOI $254,322
Price per SqFt $514
Year Built 1909
Lot Size (SqFt) 3,541
Parking Spaces 4 spaces
Parking per 1,000 SqFt 0.45
Multifamily | 6 Units | $733,333/unit
Marketing description
Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase the fee simple interest in 1338-1348 Larkin Street. The subject property consists of three (3) 3bd/2ba units and three (3) 2bd/2ba units. There are five parking spaces in the ground floor garage. Around the corner from Trader Joes and just steps to bars and restaurants on the Polk Street corridor, this property is well located in the heart of Nob Hill. This impeccably maintained property delivers stable in-place income and plenty of upside. Unit 1340 will be delivered vacant at close.
Investment highlights
- Excellently Maintained : Attentive Pride of Ownership Seller
- Large Units : Efficient Layouts and Spacious Rooms
- Rental Upside : Excellent in Place Rents With Upside
- Parking Garage : Up to Four (4) Car Parking
- Premium Nob Hill Location : 99 Walk Score (Walker’s Paradise), 95 Transit Score (Rider’s Paradise)
- 1 Unit Delivered Vacant : Owners Unit Available
- GRM 16.36
- Pro Forma GRM 13.35
Listing Contacts
Listed by Touchstone Commercial Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$194,050.81
$16,170.90/mo
Valuation Metrics
0
DSCR
4.41%
Cap Rate
4.41%
ROI
Map
Zoning
NCD-POLK-65/120-R-4 CommercialNeighborhood CommercialPolk Street Neighborhood Commercial District
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View all 78 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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