Just Listed


1388-1398 California Street

1388–1398 California Street is a fully occupied commercial property positioned at the prominent corner of California and Hyde in the heart of Nob Hill. The property is home to five commercial tenants, anchored by the Cable Car Hotel—a 70-room operation with 19 tourist hotel rooms and 51 SRO rooms—secured under a master lease through 2033. Additional tenants include a bar, cannabis

dispensary, florist, and contractor. The bar and dispensary hold three and four years of remaining lease term, while the florist and contractor operate month-to-month.

 

This offering provides investors with a stable, income-producing asset with notable upside, particularly for hotel operators. Its high-visibility location and strong neighborhood presence position it well to benefit from San Francisco’s continued economic recovery.