1163 Pine St - Apartments FOR SALE


San Francisco, CA 94109- Lower Nob
$5,895,000 USD
415-288-7825
1163 Pine St, San Francisco, CA for Sale
$5,895,000 USD
Apartments - FOR SALE
1/133
null | Request Cap Rate

1163 Pine St
San Francisco, CA 94109
Lower Nob


OVERVIEW

1163 Pine Street presents a well-positioned 16-unit multifamily investment opportunity in the heart of Downtown San Francisco, offering investors a rare opportunity to acquire a classic asset in one of the city’s most walkable and transit-oriented neighborhoods. Located along the Nob Hill corridor, the property is surrounded by a vibrant mix of dining, retail, and everyday conveniences, all within close proximity to major employment hubs. Originally constructed in 1913, the building showcases a timeless San Francisco façade and a desirable unit mix that appeals to a broad tenant base. Residences feature a blend of classic architectural character and modern functionality, including hardwood flooring, bay windows in select units, and well-proportioned layouts. Kitchens are equipped with gas appliances, quartz countertops, and updated cabinetry, while select units benefit from in-unit laundry. The property has been thoughtfully maintained with key system upgrades completed, including soft-story seismic improvements and compliance with San Francisco’s fire alarm requirements. Additional amenities such as laundry, storage, and a rear yard further enhance the overall tenant experience. Situated just moments from Downtown, Nob Hill, and Union Square, 1163 Pine Street offers residents exceptional access to public transportation, major commuter routes, and the city’s core economic drivers. The combination of strong in-place tenancy, attractive unit layouts, and an irreplaceable central location positions this property as a compelling long-term investment in one of San Francisco’s most established rental markets.

FOR SALE DETAILS

PRICE

$5,895,000 USD

PRICE/SF

$578 USD /SF

# OF UNITS

16

PRICE/UNIT

$368,438

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,399 SF

ZONING

RM4, San Francisco

APN/PARCEL ID

0276-026

ASK ABOUT THIS PROPERTY

Adam CarossoColliersMore Info
415-288-7825

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Adam CarossoColliersMore Info
415-288-7825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.