1350 Stockton St

North Beach/Telegraph Hill Crowned by the iconic Coit Tower atop Telegraph Hill and packed with an amazing history as the home of the progressive “Beat Generation”, North Beach/Telegraph Hill is a charming and lively neighborhood that is a popular tourist and local destination. From the culinary delights and exceptional nightlife of Little Italy along Columbus Street to the calm serenity of a picnic at Washington Square, it has much to offer to satisfy discerning residents, workers, and tourists ofSan Francisco. North Beach/Telegraph Hill isn’t just a place for recreation and residence, it is also home to a number of prominent companies such as Levi’s Strauss, ABC 7 News, KRON 4, BAR Architects, Vungle Inc. and New Deal Design Inc. The neighborhood is also home to the Exploratorium, a popular science museum attracting more than 800,000 visitors annually, and to the James R. Herman Cruise terminal, which hosts more than 80 cruise ships and 300,000 passengers annually. Financial District/Chinatown The Financial District/Chinatown neighborhood provide tenants with easy access to the Central Business District, Union Square, and all forms of local and regional public transportation. The property is located in the heart of one of San Francisco’s most vibrant neighborhoods. It features a variety of stores that cater to every need a local or tourist may have from fresh ethnic produce to clothing boutiques to high-end tea. The iconic street is home not only to cultural diversity but also to delicious foodie experiences. Notable landmarks and highlights near the property include the Union Square retail district, the Kearny Street “Foodie Corridor”, The Ritz Carlton San Francisco, Omni San Francisco Hotel, Grand Hyatt San Francisco, Golden Gate Bakery, Mister Jiu’s, Empress by Boon, E&O Kitchen and Bar, and the Chinese Hospital.1350 Stockton Street is a 105-unit mixed-use property in the Chinatown/North Beach District of San Francisco. The property is a mix of six (6) retail units on the ground floor, and ninety-nine (99) single room occupancy (SRO) units. The residential units and common amenities that serve them are well-maintained. Select units have been updated with new flooring, paint, vanities, and fixtures. The property’s shared bathroom and kitchen facilities are best-in-class compared to similar properties. Situated at a highly visible and busy signalized intersection within San Francisco’s North Beach District, the location has features that cater to the preferences of all its occupants. The retail spaces benefit from a high volume of foot traffic and prominent visibility to passing vehicles, while residents have access to a diverse range of well-established retailers like Walgreens to a diverse dining options and grocery stores, all of which are steps away from the property. The investment appeal of this property is its excellent location and attractive in- place income, especially from its retail tenants.