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In-PersonVirtual Tour
$ 5,000,000
Est. payment | /mo
2,522 Sqft Lot
$ 5,000,000
Est. payment | /mo
2,522 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82006150
HOA Y/N No
Year Built 1915
Annual Tax Amount $34,500
Lot Size 2,522 Sqft
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
Zoning RM3
Interior
Heating Electric
Fireplace No
Exterior
Roof Type Composition
Building
Story 3
Water Public
Others
Tax ID 3554040
Security Features Gated with Guard
Listed by Kenny Zhang • Realty One Group Extreme
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "