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Listed by Dustin Dolby Colliers International
$ 4,200,000
Est. payment | /mo
14 Beds
8,975 SqFt
$ 4,200,000
Est. payment | /mo
14 Beds
8,975 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 8,975 sqft
Price per Sqft $467
MLS Listing ID 426110100
Bedrooms 14
HOA Y/N No
Lot Size 4,146 Sqft
Acres 0.0952
Property Sub-Type Multi Family
New Construction No
Property Description
1650 Clay Street presents the opportunity to acquire a well-maintained 14-unit multifamily property in the heart of Nob Hill, one of San Francisco's most established and consistently desirable rental neighborhoods. Built in 1912, the property consists of eight (8) studios and six (6) one-bedroom, one-bath units totaling approximately 8,975 square feet on a 4,146 square foot lot. The building blends classic San Francisco character with practical, efficient layouts. Units feature hardwood flooring, ample natural light, bay windows, and kitchens equipped with gas stoves, granite countertops, dishwashers, and wood cabinetry. The property also offers a shared backyard, common area laundry, storage, and a secure Swiftlane entry system. With approximately 42% rental upside based on market projections, 1650 Clay Street presents a compelling value-add opportunity. The owners have meticulously maintained the property since their purchase in 1994. Ideally positioned near Polk Street and Van Ness Avenue, the asset provides convenient access to neighborhood amenities, Downtown, and major transit corridors - offering investors stable in-place income with meaningful long-term upside.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Interior Features Storage
Heating Steam
Flooring Carpet, Wood
Fireplace No
Appliance Free-Standing Gas Oven, Free-Standing Refrigerator, Gas Cooktop
Laundry Common Area
Exterior
Roof Type Composition
Building
Lot Description Sidewalk
Foundation Concrete
Level or Stories Three Or More
New Construction No
Others
Tax ID 0620010







