1635 Clay St - Apartments FOR SALE


San Francisco, CA 94109
$4,000,000 USD
415-794-6453
1635 Clay St, San Francisco, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/23
null | 5% Cap Rate

1635 Clay St
San Francisco, CA 94109


HIGHLIGHTS

  • Trophy Multi-Family Asset
  • Nob Hill District
  • Newer Roof
  • Earthquake Retrofit Complete
  • Tremendous Rental Upside
  • On-Site Laundry & Storage

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$392 USD /SF

# OF UNITS

13

PRICE/UNIT

$307,692

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1913

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RM-3

APN/PARCEL ID

0621-020

ASK ABOUT THIS PROPERTY

Michael JohnstonBerkshire Hathaway HomeServices Drysdale PropertieMore Info
415-794-6453

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Michael JohnstonBerkshire Hathaway HomeServices Drysdale PropertieMore Info
415-794-6453

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.