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3619 California Street

This rare single-tenant net-leased investment is located in prestigious Laurel Heights, just steps from Laurel Village and adjacent to San Francisco’s wealthiest neighborhoods. Presidio Way Veterinary Hospital—backed by VetnCare, a strong regional operator with 13 Bay Area locations—has operated here since 1997 and signed a 10-year lease through 2034 with annual increases and two extension options. The lease is largely NNN, with the tenant covering all operating costs except exterior maintenance and structural repairs. Offered at a 6.9% cap rate, the property delivers stable, long-term income in an A+ location. Sold for $3,455,000.