Name: The Hatvany Kitchen Team
Address: 1699 Van Ness Avenue, San Francisco, CA, 94109
Telephone: (415) 710-6462

449 9th ST San Francisco, CA 94103 Price Dropped by $100K

UPDATED: 10/29/2025 10:21 PM ON SITE: 116 days on site

Listed by Brad Lagomarsino Colliers International

$2,488,000

10 Beds4,765 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,765 sqft

Price per Sqft $522

MLS Listing ID 425055414

Bedrooms 10

HOA Y/N No

Year Built 1914

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Mixed Use

Location

State CA

County San Francisco

Area Sf District 9

Interior

Fireplace No

Appliance Free-Standing Gas Oven

Laundry Common Area

Building

Lot Description Sidewalk

Level or Stories Two

New Construction No

Others

Tax ID 3757049

Property Description

449-451 9th Street is a mixed-use, 11-unit building centrally located in the heart of San Francisco's vibrant SOMA neighborhood. Constructed in 1914 and encompassing approximately 4,765 square feet, the property features a blend of ten (10) - 1 bedroom / 1 bath apartment units and one (1) ground-floor commercial space. Units are thoughtfully designed with wood flooring, modern kitchenettes featuring quartz countertops and gas stoves, updated bathrooms, and ample natural light. Each residential unit benefits from dedicated storage space and access to a recently renovated backyard. Situated on a 2,500-square-foot parcel zoned SCI, the building offers separately metered gas and electricity, a local hardwired fire system, and updated water heaters. The property is fully compliant with San Francisco's Fire Alarm Sleeping Room Ordinance and includes both front and rear fire escapes. While the property is not on the soft-story retrofit list, it presents an ideal candidate for long-term capital improvements. This asset represents a strong value-add investment opportunity with approximately 36% rental upside. Current rents are notably below market, and the building offers a 6.30% cap rate with a projected pro forma cap rate of 9.05% and an impressive 11.89% cash-on-cash return.

DMCA NOTICE

The Hatvany Kitchen Team strongly respects copyright protections. We will respond as promptly as possible to any reports of copyright infringement on our primary and supplemental websites, and in any IDX displays and IDX content. The Hatvany Kitchen Team works within the guidelines of the US Digital Millennium Copyright Act ("DMCA") to address and rectify any and all reports and instances of copyright infringement.

Infringement Reporting Procedure. To report copyright infringement, please email (preferred), fax, or mail all of the below required information, in written English, to The Hatvany Kitchen Team (our contact information follows):

i. Signature (hand-signed or electronic) of the owner, or a person authorized by the owner, of a copyright that is allegedly infringed.
ii. Identification of the original copyrighted work that is allegedly infringed, including website address / URL, location on the webpage, type of material (such as whether it is text, a photo, or both), a description of the work, and any other relevant information, sufficient for The Hatvany Kitchen Team to identify it.
iii. Identification of the material in an The Hatvany Kitchen Team website or display that is allegedly infringing upon the work from point ii. above, including website address / URL, location on the webpage, type of material (such as whether it is text, a photo, or both), a description of the work, and any other relevant information, sufficient for The Hatvany Kitchen Team to identify it.
iv. Statement that the complaining Party has a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law.
v. Contact information for the complaining Party, including email address, mailing address, and phone number.
vi. Statement that the information in the notification is accurate, and under penalty of perjury, that the complaining Party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.

Copyright Agent Contact. The Hatvany Kitchen Team's Copyright Agent contact information is as follows. Email is our preferred method of communication.

The Hatvany Kitchen Team, Inc.

Attention: The Hatvany Kitchen Team DMCA/Copyright Designated Agent

(415) 710-6462

team@teamhatvany.com

Take-Down Procedure. Upon receipt and verification of notice of infringement, The Hatvany Kitchen Team will remove the infringing materials, at its sole discretion. To the extent possible, The Hatvany Kitchen Team will notify the infringing party in writing after removal. Advance notice of removal is generally not possible.

Termination for Repeat Infringement. The Hatvany Kitchen Team reserves the right to terminate access, for any or all of our Software and Services, to any Party, if that Party is found to be repeatedly infringing copyrights.

Last updated: 11/1/2025

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