The Crystal Hotel is located at 2766-2770 Mission Street in San Francisco. The property is a mixed use property consisting of a 45 room SRO hotel ( 31 permitted ) and two retail storefronts on the busy intersection of Mission and 24th Street of the city. This two story building consists of a 10,972 sq. ft. structure, sits on a 4,400 sq. ft. lot, and was built in 1912.
Over the last 36 months, over $450,000 of Cap Ex was spent on the property, including soft story seismic upgrading. Both retail spaces are currently leased at $5,500 / month each, featuring a month-to-month arrangement. This setup opens doors for a new investor to secure the storefronts at competitive market rates.
Located in San Francisco’s lively Mission district, this property offers a vibrant neighborhood experience, boasting high walkability, an energetic nightlife, and close proximity to public transportation.