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Listed by Dustin Dolby Colliers International
$ 6,800,000
Est. payment | /mo
27 Beds
22,310 SqFt
$ 6,800,000
Est. payment | /mo
27 Beds
22,310 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,310 sqft
Price per Sqft $304
MLS Listing ID 426100630
Bedrooms 27
HOA Y/N No
Year Built 1910
Lot Size 9,452 Sqft
Acres 0.217
Property Sub-Type Multi Family
New Construction No
Property Description
970 Post Street presents a well-located 29-unit multifamily investment opportunity in San Francisco's Lower Nob Hill neighborhoodan established urban enclave known for its dense amenities, strong transit connectivity, and proximity to Downtown, Union Square, and Polk Street retail corridors. The property benefits from consistent rental demand driven by its central location and walkability to restaurants, cafes, grocery stores, and major employment hubs. Constructed in 1910, the approximately 22,310 square foot building features a diverse unit mix of 12 studios, seven 1-bedroom/1-bath units, and ten 2-bedroom/1-bath units. The apartments offer classic San Francisco architectural details including hardwood and carpeted flooring, crown molding, built-in cabinetry, large windows providing ample natural light, and center-mounted pendant lighting. Kitchens are equipped with granite countertops, wood cabinetry, and modern appliances, while bathrooms feature clawfoot tubs, hexagon tile flooring, mirrored vanities, and window or fan ventilation. The property is separately metered for gas and electricity and has completed CMB seismic upgrades, as well as compliance with the Fire Alarm Sleeping Room Ordinance. The brick faade, concrete foundation, steam heat system, and secure entry further support long-term operational stability. With significant in-place rents below market across much of the rent roll, 970 Post Street offers investors a compelling value-add opportunity through systematic rent growth while maintaining a stabilized income stream in a highly sought-after central San Francisco location.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Interior Features Elevator
Heating Steam
Flooring Carpet, Tile
Fireplace No
Appliance Free-Standing Gas Range, Free-Standing Refrigerator
Exterior
Roof Type Asphalt
Building
Lot Description Sidewalk
Foundation Concrete
New Construction No
Others
Tax ID 0301013
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