1875 California Street

Description:

1875 California Street presents the opportunity to acquire a well-located seven (7) unit multifamily property in San Francisco’s highly desirable Pacific Heights neighborhood. Constructed in 1913, the building contains approximately 7,772 square feet on a 3,249 square foot lot and offers an attractive unit mix of one (1) studio, three (3) one-bedroom/one-and-a-half-bath units, two (2) two-bedroom/one-and-a-half-bath units, and one (1) two-bedroom/two-bath unit.

The property features spacious units with classic San Francisco architectural elements including hardwood flooring in living areas, crown molding, bay windows, fireplaces, and generous natural light. Kitchens include gas stoves, quartz countertops, dishwashers (in some units), and wood cabinetry, while bathrooms offer standard tub-shower combinations and tiled finishes. The building also provides on-site amenities such as four (4) parking spaces, one (1) motorcycle parking space, shared laundry facilities, and additional storage areas.

1875 California Street offers investors a compelling value-add opportunity with approximately 22% projected rental upside as units turn over to market rents. The property provides stable in-place income with the potential for long-term appreciation in one of San Francisco’s most consistently sought-after residential submarkets.

The building is ideally positioned near Lafayette Park, Van Ness Avenue, and the Polk Street corridor, the building offers residents immediate access to neighborhood dining, retail, public transit, major employment centers throughout San Francisco, and convenient grocery options including Whole Foods just steps away.

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