Rare opportunity to acquire a distinctive two-building, five-unit Victorian property comprising two lots in the heart of Hayes Valley, just steps from Alamo Square. Located at 765-769 Grove Street and 666-668 Ivy Street, the offering features a historic three-unit Victorian on Grove Street with a one-bedroom garden apartment and two flats one one-bedroom and one two-bedroom showcasing soaring ceilings, bay windows, and classic period millwork. The two-unit Ivy Street building complements the property with additional residential space across the rear parcel. Three of the five units have been fully renovated, while significant capital improvements have been completed, including a new foundation at the Ivy Street building and removal of knob-and-tube wiring. Additional amenities include on-site laundry, rear decks, bike parking, and abundant natural light in the upper units. With two separate legal parcels and RH-3 zoning, the property offers an opportunity to explore a future lot split, while its highly walkable Hayes Valley location places residents within easy reach of acclaimed retail and dining, Alamo Square Park, and Trader Joes. Offered as a well-maintained, income-producing asset with meaningful rental upside, 765-769 Grove Street and 666-668 Ivy Street present a compelling opportunity to own a uniquely positioned San Francisco multifamily property.
Highlights:
• Historic Victorian Alamo Square Property
• 2 Buildings // 2 Lots
• Stunning Victorian Features
• 3 Fully Renovated Units
• Opportunity for Lot Split
• Immaculately Maintained
• New Foundation [Ivy Street]
• Knob & Tube Wiring Removed
• Hayes Valley Retail & Restaurants Nearby
• On the doorstep of Alamo Square
• Trader Joe’s Blocks Away
• Rear Decks & Bike Parking Space
• Glorious Light for Top Units
• Large Work Room
• ADU Potential
• Banked Rents