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Listed by Dustin Dolby Colliers International
$ 3,950,000
Est. payment | /mo
6 Beds
7,470 SqFt
$ 3,950,000
Est. payment | /mo
6 Beds
7,470 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,470 sqft
Price per Sqft $528
MLS Listing ID 426141341
Bedrooms 6
HOA Y/N No
Year Built 1924
Lot Size 3,001 Sqft
Acres 0.0689
Property Sub-Type Multi Family
New Construction No
Property Description
1216 Taylor Street presents a rare opportunity to acquire a well-maintained ten (10) unit multifamily property located in the heart of San Francisco's prestigious Nob Hill neighborhood. Originally constructed in 1924, the property features an attractive unit mix consisting of four (4) studios, three (3) junior one-bedroom units, and three (3) one-bedroom units, in addition to two (2) tandem parking spaces and seven (7) storage spaces. The building showcases classic San Francisco architecture with ornate period detailing, a grand lobby with fireplace, skylights, and strong curb appeal throughout. Several units feature tremendous natural light, hardwood flooring, bay windows, and functional layouts, while select remodeled spaces offer updated kitchens, modern finishes, and large windows with sweeping city outlooks. The property also benefits from separately metered gas and electrical service, steam heat, a compliant fire alarm system, front and rear fire escapes, and recent common area improvements, including carpet replacement in 2020. Situated atop Nob Hill, 1216 Taylor Street offers residents immediate access to some of San Francisco's most iconic destinations including Grace Cathedral, Huntington Park, the Fairmont Hotel, Polk Street, North Beach, Chinatown, and Downtown. The location is further enhanced by excellent public transportation access and proximity to an abundance of renowned restaurants, cafes, grocery stores, and neighborhood amenities, creating a highly desirable living environment for tenants. 1216 Taylor Street represents an exceptional opportunity for investors seeking a character-rich Nob Hill asset with strong in-place income and substantial long-term upside potential through continued unit turnover and operational optimization. The property's classic architecture, premier location, and significant rental upside make it a compelling investment in one of San Francisco's most historically sought-after neighborhoods.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Fireplace No
Exterior
Total Parking Spaces 2
Building
Lot Description Sidewalk
New Construction No
Others
Tax ID 0213015A
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