106 Albion Street, San Francisco, CA 94110, San Francisco, 94110 - 1 bed, 0 bath
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106 Albion Street
San Francisco, CA 94110
ACTIVE
CONDITION: FAIR
1Beds
0Baths
7,975Sq Ft
1,738Lot Size
Property Price
LIST PRICE$3,500,000
SUMMARY
Analysis of 106 Albion Street, San Francisco, CA 94110 is currently available with a list price of $3,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1907, this mixed-use building is over 100 years old. While the ground-floor commercial space has been recently renovated, there is no mention of recent renovations to the 20 SRO residential units, which are likely dated and require modernization of kitchens, baths, and systems to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Stable and Diversified Income
The property offers immediate cash flow through 18 SRO units master-leased to a nonprofit and a recently renovated commercial space with a long-term lease through 2034.
- Prime Mission District Location
Situated at the corner of 16th and Albion, the asset enjoys a high-demand location with exceptional walkability to world-class dining, shopping, and public transportation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 7975, other record living area = 4783.
- Aging Infrastructure
Built in 1907, the property may require significant ongoing maintenance or capital improvements to modernize systems and meet current building standards.
- Regulatory and Management Intensity
Operating a mixed-use SRO property in San Francisco involves navigating complex local housing regulations and intensive tenant management requirements.
About 106 Albion Street
106 Albion is a mixed-use residential hotel property in the heart of the Mission District. The property consists of 20 SRO units, a commercial space occupied by a wine bar, and an additional one bedroom/one bath unit. Eighteen of the SRO units are master leased to a nonprofit organization, providing a stable income stream. Either party may terminate the agreement with 60 days notice, offering flexibility for a new owner. The commercial space, occupied by The Big Finish wine bar, is leased through 2034. The space has been recently renovated and has a strong history of successful tenants. In addition to the ground floor, it includes a full basement that is used for cold storage, operations, and office space. Located at the corner of 16th and Albion Streets, the property offers one of the Mission District's best locations, with easy access to the neighborhood's restaurants, shopping, and public transportation. This is an excellent opportunity to acquire a fully occupied mixed-use asset that offers stable current income, while also providing the flexibility for a future owner to operate the residential hotel and realize significant upside potential.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1907
- Lot Size
- 1,738 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Sanchez Elementary School
Grades K-5 • 0.4 mi
2/10
Muir (John) Elementary School
Grades K-5 • 0.7 mi
7/10
McKinley Elementary School
Grades K-5 • 0.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 5.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 7,975 | 4,754.5 |
| Lot Size | 1,738 | 1,647.5 |
| Price | $3.50M | $2.60M |
| Price per sq ft | $439 | $541 |
| Built year | 1907 | 1917 |
| HOA | $0 | $0 |
| Days on market | 36 | 116 |
Pricing History
Listed for Sale
Aug 4, 2026
$3,500,000
Initial Listing
Sold
Jul 14, 2017
$3,500,000
Public Record
Sold
May 24, 2017
$750,000
Public Record
Sold
Nov 23, 2011
$1,420,000
Public Record
Sold
Jan 23, 2004
$1,160,000
Public Record