Just Listed

489-491 Guerrero Street

Building Type

Mixed-Use

Units

Neighborhood

Mission Dolores

District

District 5

Cap Rate

6.49%

GRM

11.94

3 Units Mixed-Use in Mission Dolores

List Price: $1,495,000 | 3-unit mixed-use building in the heart of Mission Dolores
6.49% Cap Rate | 11.94 GRM | Strong returns with immediate upside potential
$125,160 scheduled gross income | $96,989 net operating income
Vacant, remodeled 3BD/1BA owner's unit — wide-plank floors, open-concept kitchen with stone counters, center island, in-unit laundry, and soaring ceilings
Two ground-floor commercial spaces — one leased to a long-standing acupuncture practice ($2,180/mo), one vacant and ready to lease at market rate ($2,250/mo)
2,220 sq ft building | $673/sq ft — recently painted exterior with strong curb appeal
Prime Valencia Corridor location — steps to Dolores Park, top-rated restaurants, cafés, and public transit
Ideal for owner-users or investors — live/work opportunity with built-in income from day one