16-unit multifamily in San Francisco’s Nob Hill. Seismically retrofitted asset with strong income and 47% rent upside. Offered at $2.495M | 6.08% cap. 1627–1631 Clay Street is a 16-unit apartment building centrally located in San Francisco’s Nob Hill between Polk and Larkin. The property includes one expansive 6-bed/5-bath flat (~3,800 SF), a private 3-room guest suite, and fourteen SRO rooms across the upper floors with renovated shared kitchens and updated baths. Several SROs feature private baths and in-room kitchenettes. Seismically retrofitted (soft-story 2019) and fire-alarm compliant, the 10,160 SF building delivers strong in-place cash flow with banked rents and ~47% rent upside. Current income of ~$283,985 supports a 6.08% cap; pro-forma projects ~11.48% cap at market. Offered at $2,495,000 ($246/SF; $155,938/unit).