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22 Russ St
San Francisco, CA 94103
2 Unit Mixed Use Investment · Industrial Property For Sale

Investment Highlights

  • Ideal South of Market location
  • Solid value at $288 PSF
  • Corner property with great natural light

Executive Summary

22-24 Russ Street is a spacious 2-Unit mixed use building, approximately 3,750 square feet, centrally located in San Francisco’s SOMA neighborhood. The building has been owned by the same family since it was built in 1907.
Comprised of two units, the top unit (22) is a large three-bedroom with one split bath and the bottom (24) unit is a warehouse (formerly a metal fabrication shop) and a garage with roll-up door. Both units have great natural light, tall ceilings, and unique character. The upper unit has two large skylights bringing a sense of openness. Both units are currently occupied with long-term tenants on month-to-month leases. The bottom unit is occupied by a fine art framing shop. The property is being listed with both tenants in place, but could also be great for an owner occupied, work/live building.
With a rental location boasting a walk score of 98 and transit score of 100, 22-24 Russ Street is in the heart of San Francisco with easy access to all that the City has to offer. This central location offers many MUNI and BART options for easy mobility plus convenient access to HWY 101 and 280.
22-24 Russ Street presents a savvy investor with a fantastic opportunity to purchase an easy to manage mixed use asset in the center of San Francisco.

Property Facts

Sale Type Investment
Cap Rate 4.96%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.04 AC
Rentable Building Area 3,750 SF
No. Stories 2
Year Built 1907
Parking Ratio 0.27/1,000 SF
No. Drive In / Grade-Level Doors 2
Zoning RED - Residential Enclave District

Utilities

  • Water - City Water
  • Sewer - City Sewer

Property Taxes

Property Taxes

Parcel Number
3726-068
Land Assessment
$39,776 CAD
Improvements Assessment
$75,850 CAD
Total Assessment
$115,626 CAD
  • Listing ID: 40321970

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 22 Russ St, San Francisco, CA 94103

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