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.