1280 Pine ST Active

San Francisco,CA 94109

$ 5900000

8 Beds

0 Bath

16680 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,680 sqft

Price per Sqft $353

MLS Listing ID 425027232

Bedrooms 8

HOA Y/N No

Year Built 1927

Lot Size 3,781 Sqft

Acres 0.0868

Property Sub-Type Multi Family

Property Description

Constructed in 1927, 1280 Pine is a 25-unit apartment building in historic Nob Hill. This six-story concrete and steel structure rises above its neighbors, allowing for excellent natural light throughout. The 18 studio units all face west, with most offering city views. The six one-bedrooms, located at the front of the building, are spacious, south-facing units, many with great views as well. The mezzanine apartment is a large one-bedroom currently occupied by the Resident Manager. The units feature high ceilings, hardwood floors, and period charm. Most apartments have received recent updates, with 80% turnover since 2020. The property is separately metered for gas and electricity, and the building includes an elevator for convenience. Heat is supplied via a steam boiler. This location provides tenants with easy access to neighborhood amenities, including Trader Joe's, Whole Foods, St. Francis Hospital, Grace Cathedral, the Masonic Auditorium, and the Van Ness corridor. Priced to sell at a 9.9 GRM and 5.9% cap rate

Location

State CA

County San Francisco

Area Sf District 8

Interior

Fireplace No

Exterior

View City

Building

Lot Description None

Level or Stories Five or More

New Construction No

Others

Tax ID 0251014

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