1520 Leavenworth St - Apartments FOR SALE


San Francisco, CA 94109- Nob Hill
$2,995,000 USD
415-754-8489
1520 Leavenworth St, San Francisco, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/18
null | 5.42% Cap Rate

1520 Leavenworth St
San Francisco, CA 94109
Nob Hill


HIGHLIGHTS

  • Nearly turn-key property with five (5) of seven (7) units fully renovated
  • Further upside in rents
  • Strong mix of (5) 2bd/1ba, (1) 1bd/1ba, and (1) studio
  • Large units with ample light on the top floors
  • Washer/dryers in most units
  • Recent cap ex includes new exterior paint, updated electrical, and interior common areas

OVERVIEW

1520 Leavenworth Street offers a rare opportunity to own a classic San Francisco apartment building in a prime Nob Hill location. With five of seven units recently renovated by the current ownership, the property is ideally positioned for investors seeking immediate in-place cash flow with additional upside potential through rent growth. Originally constructed in 1906, the building comprises approximately 4,850 square feet situated on a 1,572 square foot lot. The desirable unit mix includes five (5) two-bedroom, one-bath units, one (1) one-bedroom, one-bath unit, and one (1) studio. The property is separately metered for gas and electricity, and the earthquake retrofit has been completed, providing a strong foundation for long-term stability and operational efficiency. Ideally located in the heart of Nob Hill, 1520 Leavenworth Street is surrounded by some of San Francisco's most sought-after residential and retail destinations. The property is within walking distance of both the Hyde Street and Polk Street retail corridors, giving residents convenient access to cafes, boutiques, dining, and daily amenities. Nob Hill is known for its historic architecture, upscale atmosphere, and central location, offering excellent connectivity to Downtown San Francisco, Russian Hill, North Beach, and Pacific Heights. The neighborhood's blend of classic San Francisco charm and urban sophistication continues to attract a high-quality tenant base, supporting consistent demand and long-term investment stability.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$660 USD /SF

# OF UNITS

7

PRICE/UNIT

$427,857

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,573 SF

ZONING

RM-3

APN/PARCEL ID

0183-020

ASK ABOUT THIS PROPERTY

Andrew BlackEngel & VolkersMore Info
415-754-8489

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Andrew BlackEngel & VolkersMore Info
415-754-8489

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