Multifamily Space For Sale
$4,000,000
1635 Clay Street, San Francisco, CA 94109
5
Cap Rate
10,215 sqft
Building Size
Details:
Highlights:
- Rare Thirteen Unit Property in Prime Nob Hill
- Ideal Unit Mix: Three 2Br/1Ba Units, Ten 1Br/1Ba Units
- Fully Occupied with Solid In Place Income, Plus Tremendous Upside Potential
- Spacious Units with Lots of Sunlight
- Two Sets Laundry, Separately Metered PG&E, 400 amps
- Earthquake Retrofit Complete
- Unrivaled Location in Preeminent Neighborhood
Description:
Pacific West Advisory Group is pleased to present a rare opportunity to own a trophy multifamily asset in the Nob Hill District of San Francisco.
The property consists of three 2Br units and ten 1Br units. The units are generous in size, offer outstanding closet space, wood floors, period details and abundant natural light. The property is fully occupied and has tremendous upside in rents.
The building has a newer bitumen roof, the San Francisco required earthquake retrofit is complete and the property is separately metered for PG&E. The ground floor has a one car garage, two sets of laundry machines (owned), and a back yard. There are six spacious, unused storage lockers and room to add more. On site security camera system added in 2017 and updated in 2024.
LOCATION DESCRIPTION
The subject property is ideally located on Clay Street, between Polk and Larkin Streets. The property benefits from being in prime Nob Hill, walking distance to everything Polk St has to offer.
Nob Hill, in the heart of San Francisco, is an affluent neighborhood offering cultural attractions, dining, and shopping. Known for spectacular views, historic buildings and a vibrant nightlife, it also offers convenient access to nearby Financial District and Union Square. The subject property is ideal for investors seeking a coveted address in one of San Francisco's most exclusive neighborhoods.
Documents:
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Offering Memorandum
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Location
Gallery
