Multifamily / Mixed-Use
1266 9th
Transaction Highlights
Size: 15 residential units; 5,650 sq. ft. retail
Use: Residential/Retail
Neighborhood: Inner Sunset, SF
  • Prado identified an underutilized parking lot and adjacent building in the Inner Sunset neighborhood
  • Prado was able to purchase the site in an off-market transaction
  • Prado obtained planning approvals and built a groundfloor, neighborhood-serving cafe, La Boulangerie (later acquired by Starbucks)
  • 12 rental condo flats above the retail and 3 rental townhomes
  • The property was refinanced after completion
  • Ownership elected to hold the condo units as rentals to align with long-term strategic objectives
  • 2014 PCBC Grand Award for Best Mixed-Use Project