HARRISONLEVEEN
FIDUCIARY ADVISORY SERVICES GROUP
Property Listings
Property Description
Located at 410 Eddy Street the Kinney Hotel consists of 52 SRO units, 1 common area, 1 community kitchen a community area, and 3 office facilities. Built in 1907 and originally known as the Hotel Leo, this 17,400square foot property is a 4-story building constructed with wood and steel with a concrete foundation in a Georgian Revival architectural style. In 2017, the property became know has The Kinney Hotel.
Lutheran Social Services (LSS) is the master tenant, which began its tenancy in April, 2012. The current five-year lease is in place until June 30, 2026, including a 5-year option to renew. LSS serves as transitional and short-term housing services for adults in hopes of providing a clean and safe space to help with stabilization of their lives with the long-term goal of permanent housing.
Bordering Union Square, Nob Hill and the Civic Center, the Tenderloin has been known for its gritty presence and displays a cross section of the diversity of San Francisco, reflected in both the food and culture. Encompassing only 50 blocks, this neighborhood has been known as thriving LBGTQ community, and a trendy nightlife local with a multitude of cocktail bars, and nightclubs. The Tenderloin is also home to the thriving Theatre district and Little Saigon.
Consisting almost entirely on SRO hotels, studios, one and two-bedroom units, the Tenderloin has been historically a neighborhood of temporary workers and immigrants but has transformed over the more recent decades with more of a family presence. Given the central location of neighborhood, it’s walking distance to the Financial District, Nob Hill, Yerba Buena and the Civic Center.
Contact Agent
Robert Leveen
Lee & Associates - Pasadena
License ID: 01476685
P: 213.995.6684
Jamie Harrison
Lee & Associates - Pasadena
License ID: 01290266
P: 626.240.2784
Ryan Abel
Lee & Associates - San Francisco
License ID: 01465094
P: 415.370.1118
Property Details
Property Type
Hotel
Zoning
Cap Rate
6.16
Size
17,400
Year Built
Overbid Hearing Date
1907
Download Offering Memorandum
Property Location
410 Eddy Street, San Francisco, CA, USA
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