1538-1544 Polk Street - Main photo
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$4,500,000ActiveDays on Market 156

1538-1544 Polk Street

San Francisco, CA 94109· Nob Hill

0 beds14,160 sqft$318/sqft

Key Details

Bedrooms

0

Square Feet

14,160

Year Built

1907

Lot Size

4,722 sqft (0.11 ac)

Type

Mixed Use

About This Property

1538-1544 Polk Street is a mixed-use (hotel + retail) property in the Nob Hill/Polk Gulch neighborhood of San Francisco. The three-story property features three (3) retail units on the ground floor and a 40-unit SRO/hotel above that is master leased to an operator, Shirley Hotels. Of the 40 rooms, 21 are SRO units, 7 are SRO with partial baths, 9 are tourist/transient and 3 are for manager use. The SRO units without bathrooms share 3 common area bathrooms. Two of three retail units are occupied by a tuxedo retailer and a foot massage service. The 40 room hotel is currently month-month. A savvy investor may renegotiate the lease or operate the hotel to significantly increase cash flow. The property is in a central location of the Polk Street commercial corridor in Nob Hill. The stree...

Property Information

Property TypeMixed Use
Year Built1907
Living Area14,160 sqft
Lot Size4,722 sqft (0.11 ac)
NeighborhoodNob Hill
CountySan Francisco
Total Rooms42
Cross StreetSacramento
OccupancyUnit 1 (Tenant),Unit 2 (Vacant),Unit 3 (Tenant)
APN0644016
MLS#426124320
StatusActive
Days on Market156

Facts & Features

Exterior & Lot

Lot FeaturesShape Regular
Lot Size4,722 sqft (0.11 ac)

Income Property

Units43
Units Leased40
Current Rent (all units)$12,150/mo
Cap Rate6.08%

Unit 1: Retail

Unit 2 (Store): Retail

Unit 3 (Store): Retail

Unit 4: (20) SRO - $854.50; (8) SRO with Bath - $1021; (9) SRO-TT - $1,111.56; (3) Manager Units - $-

Bedroom and bathroom counts are totals across all units.

Property History

DateEventPrice
Apr 23, 2026Listed$4,500,000

Getting Around

99

Walk

Walker's Paradise

88

Transit

Excellent Transit

82

Bike

Very Bikeable

Scores by Walk Score

Public Records

Assessed Value$2,589,872
Current Taxes (est.)$30,560 / yr
Taxes at This Price (est.)$53,100 / yr
Legal Units4
Assessor UseHotels - Other
Building Area (assessor)14,160 sqft
Lot (assessor)4,720 sqft
Year Built (assessor)1907
Flood ZoneFEMA Zone X (minimal hazard)

Sources: San Francisco Assessor-Recorder secured roll; FEMA National Flood Hazard Layer. Tax estimates use the citywide secured rate and exclude parcel taxes and exemptions.

Schools

Nearby Public Schools

Elementary (K-5)Redding Elementary · 0.1 mi
Elementary (K-5)Spring Valley Elementary · 0.2 mi
Middle (6-8)Francisco Middle · 1.1 mi
Middle (5-8)KIPP San Francisco Bay Academy (charter) · 1.1 mi
High (9-12)Galileo Academy of Science and Technology · 0.9 mi
High (9-12)Gateway High (charter) · 1.1 mi

SFUSD enrollment is choice-based; schools shown by distance for reference, not assignment. Source: California Department of Education directory.

Location

Neighborhood: Nob Hill

Chris Chour

Chris Chour

Broker / Owner

EON Real Estate

Estimated payment

$28,448/mo

Principal & interest$24,023
Property taxes (est.)$4,425

30-yr fixed at 7.03% (Freddie Mac survey, 2026-09-24). Taxes estimated at the SF rate on this price. Estimate only, not a loan offer.

MLS# 426124320

Listed by Brian Leung, DRE #01203473 · Compass Commercial

Data courtesy of SFAR MLS via Bridge Data Output. Information deemed reliable but not guaranteed.