1016 Washington ST, San Francisco, CA 94108
1016 Washington ST, San Francisco, CA 94108
1016 Washington ST, San Francisco, CA 94108
1016 Washington ST, San Francisco, CA 94108
1016 Washington ST, San Francisco, CA 94108
1016 Washington ST, San Francisco, CA 94108
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Wilson Leung

Wilson Leung

+1(650) 280-8888
Listed by Adam Carosso Colliers International
$ 1,850,000
Est. payment | /mo

8 Beds

4 Baths

2,814 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

8 Beds

4 Baths

2,814 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,814 sqft

Price per Sqft $657

MLS Listing ID 426114523

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1911

Lot Size 1,572 Sqft

Acres 0.0361

Property Sub-Type Quadruplex

Property Description

Well-located multifamily investment opportunity in the heart of Nob Hill, offering investors the chance to acquire a boutique asset in one of San Francisco€s most iconic and centrally positioned neighborhoods, known for its historic charm, strong rental demand, and proximity to major employment and lifestyle hubs. 1016 Washington Street is ideally situated just steps from renowned Nob Hill landmarks including Grace Cathedral, Huntington Park, and the Masonic Auditorium, while also within walking distance to the vibrant dining, retail, and nightlife destinations of Polk Street, North Beach, Chinatown, and Union Square. The property benefits from exceptional connectivity, with convenient access to multiple public transportation lines along nearby Mason, Powell, Clay, Sacramento, and California Streets, as well as regional transit options throughout the city. The property consists of four (4) well-proportioned two-bedroom, one-bath units within an approximately 2,814 square foot building constructed in 1907. Units feature functional layouts with hardwood flooring, spacious living areas, and large closets, along with updated kitchens equipped with quartz countertops, wood cabinetry, gas stoves, and modern appliances. Bathrooms offer tile flooring, tub/shower combinations, and updated finishes, creating a comfortable and appealing living environment. 1016 Washington Street presents investors with stable in-place income, supported by a strong foundation of units already performing at competitive market rents, while still offering meaningful rental upside. The property is also uniquely positioned for a Tenancy in Common (TIC) exit strategy, creating an attractive value-add opportunity in a highly desirable Nob Hill location with continued long-term tenant demand.

Location

State CA

County San Francisco

Area Sf District 8

Interior

Heating Gas

Flooring Tile, Wood

Fireplace No

Laundry In Unit

Exterior

Roof Type Composition

Building

Lot Description Sidewalk

New Construction No

Others

Tax ID 0191007

San Francisco MLS - SFAR

Nearby School & Business

Wilson Leung

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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