655 Hyde St - Apartments FOR SALE


San Francisco, CA 94109- Civic Center
$3,350,000 USD
415-670-9888
655 Hyde St, San Francisco, CA for Sale
$3,350,000 USD
Apartments - FOR SALE
1/8
null | 5.1% Cap Rate

655 Hyde St
San Francisco, CA 94109
Civic Center


HIGHLIGHTS

  • 14-unit multifamily property located in the sought-after Nob Hill corridor.
  • Unit mix includes eight studios and six one-bedroom apartments, appealing to mobile professionals.
  • 100% occupied with steady in-place income, offering an immediate revenue stream.
  • Existing rents approximately 35% below market create strong upside potential.
  • Features RUBS program and newly constructed on-site laundry facility for supplemental income.
  • Exceptional Walk Score of 98, steps from Whole Foods, Trader Joe’s, and major employers.

OVERVIEW

655 Hyde Street presents an outstanding investment opportunity in the heart of San Francisco’s historic Nob Hill neighborhood. This 14-unit multifamily property combines architectural character with a rare first-time offering, making it an attractive asset for both seasoned and first-time investors. The building’s studio and one-bedroom layouts suit today’s urban lifestyle, driving consistent occupancy and providing a diversified tenant base. With a coveted Walk Score of 98, the property is in close proximity to major amenities including Whole Foods, Trader Joe’s, and an array of dining and banking services. Its location within a dense employment hub ensures strong rental demand from professionals seeking premium urban living. Currently stabilized with in-place income, the building offers significant income growth potential with existing rents positioned approximately 35% below market. Ownership benefits from an in-place RUBS system, generating incremental revenue, along with recently added on-site laundry facilities. Nearby transit, employment centers, and retail options enhance long-term desirability, while San Francisco’s ongoing revitalization underscores the property’s upside for value-add strategies and appreciation.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

14

PRICE/UNIT

$239,286

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,222 SF

ZONING

RC-4

APN/PARCEL ID

0302-002

ASK ABOUT THIS PROPERTY

Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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